Hello traders.
Gold is obviously very bullish.
But there is a monday-openingg gap which may be filled for equilibrium reasons and net positions.
I believe that gold is at the perfect level for a sell trade regarding retracement.
However, I am more into longs from key support areas combined with fibonacci level of 0.618 and 0.5.
Gold is obviously very bullish.
But there is a monday-openingg gap which may be filled for equilibrium reasons and net positions.
I believe that gold is at the perfect level for a sell trade regarding retracement.
However, I am more into longs from key support areas combined with fibonacci level of 0.618 and 0.5.
Trade closed: target reached:
+110 pips.
Awaiting the longs to open.
Awaiting the longs to open.