Gold rejecting a heavy zone here around 1785 - we are also getting a rejection of the 78.6 and 61.8 on higher time frames - im expecting Gold to go back to the 1825 area - be cautious around the purple box zone (38.2 fib is a reversal zone - my current TP is there - break and close above would ideally confirm push to upside.
use proper risk management - happy trading
use proper risk management - happy trading
Comment:
trade hit stop loss and is now invalid - will re evaluate
Trade closed: target reached:
Trade retraced to the 78.6 fib level and continued to the upside - trade is considered a loss, however targets still reached if held.