Gold in the middle of the road now. Break either direction and we will see movement. Stay aside for medium term now.
Comment:
Good Luck and be careful.
Good Luck and be careful.
Comment:
On the right shoulder area, be prepared to bailout or ride if it break out..
On the right shoulder area, be prepared to bailout or ride if it break out..
Trade active:
Long will be added after successful break at rocket area
Long will be added after successful break at rocket area
Trade active:
First TP, upper channel, 1237...IMO, it will break! watch..
Comment:
It is unfortunate that price didn't close above 1237. Put SL at the low today at candle close. Will revisit this next week.
Comment:
Take some profit here as well so it's not a waste if get stopped out next week
Comment:
TP 1 reached, SL at breakeven now.
Comment:
No matter, Gold is giving us lower price to enter long at 1226 to 1228 area. Observe the bullish reversal here.
No matter, Gold is giving us lower price to enter long at 1226 to 1228 area. Observe the bullish reversal here.
Comment:
Long entry loaded around 1227. SL is the same, below Friday low.
Trade closed manually:
Decided to close all remaining position. Gold may correct lower.
Comment:
WOW! Good thing I call it close when we are at 1226 just now!
This is my preferred scenario, will add Long at the break at 1240 with conviction.