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
Note
Gold +200pip close 1/3 move sl entryTrade closed: target reached
Gold hit tp 1903 +320pip
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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.
Related publications
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.