My view for Gold. Using Fibonacci Channel. Based on my experience price will touch the white line (1)
For safe trading , once price touch white line (1), we can close all the position. (TP1)
or close when price touch Demand Zone (Rectangle) (TP2)
Comments
Raz1
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Firstly well done for the successful trade however your analysis title says "Gold [Long]" however your analysis shows to take a short position. Just a minor mistake but thought I might point it out incase you didn't notice.
farhanamir9848
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@Raz1, first of all , thank you very much sir! thank you for giving me guidance.I get your point :)