[9 May] Scalp Trade Opportunity For Gold - LONG
My analysis is based on the 5 min chart. Tradingview did not allow publishing of 5 min chart.
Gold price retracing back to the price range prior to the FOMC news which created great volatility on gold. For now, price reaching an area of support which I anticipate a long opportunity for us. I will be updating the progress of this trade on this post.
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Gold price retracing back to the price range prior to the FOMC news which created great volatility on gold. For now, price reaching an area of support which I anticipate a long opportunity for us. I will be updating the progress of this trade on this post.
Do drop a LIKE to support my content. Also, if you enjoy my daily updates on gold ( XAUUSD ), do drop me a FOLLOW on Tradingview. Greatly appreciated :)
Comment:
Price reached 1866. Another support level here. I will enter my second position here. No need to size up this trade.
Trade closed: stop reached:
SL triggered at 1860.