Gold Short Term Bullish Trade:
Price in a wedge and has tested 1254 support.
1254 is a Daily Support Level.
Now we can wait for price to pull back to 0.618 area
for a potential buy,
SL: 1252
TP1: 1259
TP2: 1263
TP3: 1267-1270
Price in a wedge and has tested 1254 support.
1254 is a Daily Support Level.
Now we can wait for price to pull back to 0.618 area
for a potential buy,
SL: 1252
TP1: 1259
TP2: 1263
TP3: 1267-1270
Comment:
Comment:
TP1 HIT
Trade closed: target reached:
AFTER HIT TP1, price hit break-even SL for the remainig half position
no conflict with the previous long term short.
Buy low, sell high.