Update Gold
After the PMI news, Gold has moved 5 prices since the end of the H1 up wave.
The bullish wave H1 is the retracement wave H4, so the retracement H4 has ended but the uptrend weakens, so we can continue to sell off gold.
Plan trading:
Limit sell 1935
Sl 1945
TP 1903
After the PMI news, Gold has moved 5 prices since the end of the H1 up wave.
The bullish wave H1 is the retracement wave H4, so the retracement H4 has ended but the uptrend weakens, so we can continue to sell off gold.
Plan trading:
Limit sell 1935
Sl 1945
TP 1903
Comment:
Gold +200pip close 1/3 move sl entry
Trade closed: target reached:
Gold hit tp 1903 +320pip
