Today we had a bullish close on Gold, however,... based on the weekly chart momentum is slightly bearish. We're anticipating a strong move in either direction. So here's how we anticipate whether to go long or short.
📈Long: Price moves down to 1776.xx (marked on the chart) in the first few hours of the trading session. (setting a low of the day)
📉Short: Price moves up to our entry in the first few hours of the trading session. (setting a high of the day)
...and that's it!
Happy Trading folks!
Cheers!
📈Long: Price moves down to 1776.xx (marked on the chart) in the first few hours of the trading session. (setting a low of the day)
📉Short: Price moves up to our entry in the first few hours of the trading session. (setting a high of the day)
...and that's it!
Happy Trading folks!
Cheers!
Note
Some adjustment on the short setup! :) Note
Trade closed manually
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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.
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.