Gold is in a zone of consolidation so it's quite hard to find a good trade but still you can plan your trades as follows ---
1. LONG @2351 TGT- TP1@2354 TP2@2357 TP3@2360 TRAIL further. SL 2347
2. SHORT @2361 TGT- TP1 @2357 TP2@2354 TP3@2351. SL 2364
3. SHORT @2351 TGT- TP1 @2347 TP2@2344 TP3@ 2341. SL @2355
4. LONG @2340 TGT- TP1@ 2347 TP2@2351 TP3@2354. SL matt-tv-2335
Follow your own chart patterns and plan your trades.
1. LONG @2351 TGT- TP1@2354 TP2@2357 TP3@2360 TRAIL further. SL 2347
2. SHORT @2361 TGT- TP1 @2357 TP2@2354 TP3@2351. SL 2364
3. SHORT @2351 TGT- TP1 @2347 TP2@2344 TP3@ 2341. SL @2355
4. LONG @2340 TGT- TP1@ 2347 TP2@2351 TP3@2354. SL matt-tv-2335
Follow your own chart patterns and plan your trades.
Trade active
TRADE1. BUY@2351.500 TP1@2354. HIT Successful tradeNote
I have put SL @ Break even. Closed 0.02@ 2354.500, 0.02@2356.500, the final BE put @2351.500Trade active
TRADE 3 ACTIVE @2351TP1 @ 2347. REACHED
Entry now at BE.
Let's wait for TP2 or BE
Trade active
TRADE 3 ACTIVE @2351.500TP1 @ 2347.500 REACHED
TP2 @2344.500. REACHED
SHIFT SL @ 2347.500
Trade closed: target reached
TRADE 3 ACTIVE @2351.500TP1 @ 2347.500 REACHED
TP2 @2344.500. REACHED
TP3 @2341.500. REACHED.
We achieved all our targets.
Note
You could have bought LONg @2341-2342 level with SL of $5.Trade active
TRADE 4 ACTIVE @2341.000TP1 @ 2346.500 REACHED
SL above buying @2342
Trade closed manually
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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.