I got buys also from 1713, 1710, 1704, 1700 i was in 3k dd now 1500dd will be holding as today was G7 Summit and News all day. I believe Gold will be going back up as this liquidity of low was needed. There is speculation people saying close as will be going down to 1500’s but I doubt that 1million percent. Im currently 2lot in so il be holding as it cannot go past 1672 before returning but even that is unlikely. 4hr closed as a reversal pattern leaving a long wick and next 4hr also wicked giving indication of going up as a bullish Hammer
Sara94
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@Bash_Chaudhry, thanks for the reassurance. I have enough margin for my account to move just get so worried at times.
JFX7
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@Bash_Chaudhry, Nice analysis, let's see how that turns out.
Forexick
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@Sara94 feeling better? Relax and hold. 1750 then 1760 then 1770’s then 1805
Sara94
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Will it go up any time soon? Should I close my buy at 1725?
JFX7
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@sara_aslam100, Gold will go up for sure because of the current situation in the US, but make sure you use proper risk management and always have a stop loss.
Sara94
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@JeffW27, Thanks Jeff. Your analysis looks awesome and very clear. How long have you been trading?
JFX7
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@sara_aslam100, Thank you, I appreciate it. However, it is just an idea and price may move in the opposite direction. I haven't been trading for so long, on and off, but I'm still in the process of learning. Good luck with your trading :)