Gold has been hard to trade over the last few weeks.
news from Russia, Ukrane and trump tarriffs causing wild swings.
saying that Gold likes its key levels and using historical data with proven levels can be a good stratigy as a wait and see.
For a buy i would look at 3411/12 level if broken this should run 20 pips minimum.
On the sell side I would look to enter at 3378, this entry is probably the most likely and would yield the most pips before retracing later on in the week.
As always use proper risk management and dont over leverage in these trades.
news from Russia, Ukrane and trump tarriffs causing wild swings.
saying that Gold likes its key levels and using historical data with proven levels can be a good stratigy as a wait and see.
For a buy i would look at 3411/12 level if broken this should run 20 pips minimum.
On the sell side I would look to enter at 3378, this entry is probably the most likely and would yield the most pips before retracing later on in the week.
As always use proper risk management and dont over leverage in these trades.
Trade active
Sell running 233 pips from entryNote
270 pips expecting some rejection and pullback advise to close and leave a runnerNote
360 pips from the sell, i would secure some but hold 
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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.