GJ broke above its previous higher high. Now we wait to see if price will continue bullish or create a correction to the downside personally I'm looking to short GJ
update: stoploss was hit. but this is why we use stoploss to prevent blowing accounts now we wait to see if price will reject the 200ma and continue bullish back up to 57000 or make a lower lower to the 2nd support area of 54000
Gold is following 1745 rejection. end of asia session you see the bullish pull back. new sell entry TP 1725.
early bird catch the pips. looking to sell gold this morning.
UPDATE : Waiting to see if price rejects the 200MA on the 1hr and the 50MA on the 4hr
failing to maintain a higher high. sell limit @ 58699 tp1 57956 tp2 56663
1735 is short term pressure if don’t break then sell,TP1725-1730,SL1740 If gold break 1735 then buy TP1740-1745
if gpbjpy fail to create a higher high. looking to short.
SUNDAY SO WE USE A TIGHT STOPLOSS. 50 PIPS BUY : 1726 SL : 1721 TP : 1745
early London predictions buy if price breaks above 1715 max tp 1730 sell if price break below 1705 -1700 max tp 1685
gold update 3/28/21 gold sits right in the middle of the zone its in. creating a sideways market. 1720-1745 looking for a break to the upside or downside.
Looking to go LONG on GJ holding for the week: max TP 151.75 (300pips) Max SL 148.00 (80 pips)