Gold in demand area, possible pullback may occur
Hello traders, my previous Gold idea to sell at 1902 level gave huge profits as
price hit our TP at 1865 and went as low as 1854. Almost 480 Pips profit!
(Previous idea attached below for your reference)
Currently, Gold has reached a minor support level from where a pullback might happen.
Although , I do not strongly recommend buying at this level but traders like me who
has a relatively moderate risk appetite may try a small buy@1854-1860 with SL below 1840 and
TP at 1895.
price hit our TP at 1865 and went as low as 1854. Almost 480 Pips profit!
(Previous idea attached below for your reference)
Currently, Gold has reached a minor support level from where a pullback might happen.
Although , I do not strongly recommend buying at this level but traders like me who
has a relatively moderate risk appetite may try a small buy@1854-1860 with SL below 1840 and
TP at 1895.
Trade active:
Buy active at 1846
SL at 1835
SL at 1835
Trade closed: target reached:
Closing half of position size at 1865. Great profit 190 Pips :D
Setting the SL of the remaining position size at entry point.
Setting the SL of the remaining position size at entry point.
