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sunnyk92
Jan 1, 2022 9:52 PM

GOLD - 4H chart viewpoint Long

GoldOANDA

Description

The key resistance at 1815 has finally been breached. I now expect a correction (profit-taking) to occur at the start of the week. This should provide us with an entry on the 1H timeframe ideally to enter a long position to target 1845.

Let's see how this develops.

Trade safe

Sunny Kumar

Comment

We are receiving a form of correction. Trade still in tact, just require structure to develop.

Comment

I will inform when trade is invalidated. Unless we receive a daily break of 1789 trade I am still targeting 1845 short/mid term

Comment

We have received a deeper correction than expected. Now we await further structural development

Comment

Trade in play. Yes we had a deeper correction to grab orders but we are now active.

Comment

I am out of this trade.

Comment

In theory this trade corrected deeper and now we should see 1845 being hit soon

Comment

1845 did get hit - but not how I anticipated.
Comments
Leo-btm
nice charting mate 👍
AlkalineFX
Wow-what a beautiful chart!
Super_B_XinR
good post
UnknownUnicorn493766
wonderful
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