BUY POSITION ON GOLD
I have seen this setup with the help of RSI, Trendline, and as well as Multi-TF Analysis.
We have seen the price has bounced off on 1730 key support level yesterday and we took advantage of the bounce play in which we've made 100+ pips.
I have put the SL just below the trendline in case price makes a u-turn.
This is a quick play since my overall bias with gold is still bearish. TP on the retest of our 200EMA (our indicator for long term trend)
1.21RR
I have seen this setup with the help of RSI, Trendline, and as well as Multi-TF Analysis.
We have seen the price has bounced off on 1730 key support level yesterday and we took advantage of the bounce play in which we've made 100+ pips.
I have put the SL just below the trendline in case price makes a u-turn.
This is a quick play since my overall bias with gold is still bearish. TP on the retest of our 200EMA (our indicator for long term trend)
1.21RR
Trade closed: target reached
TP Hit!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.