Longing gold here, Z could be over, will evaluate reentering at lower levels, this is long term.
Targets on chart.
Good luck! I'll post updates as soon as I can or see something strange.
Targets on chart.
- Bullish Black Swan pattern
- Long term trendline support
- Volume profile support zone
Good luck! I'll post updates as soon as I can or see something strange.
Trade closed: stop reached:
Stopped out at BE. Current levels are tempting for a reentry, but for now i'll wait for a better signal. Future contracts expiration could trigger some more selling.
Comment:
It could be a turning point. But, i'll wait for 1260 for a cheaper price.
Comment:
Playing careful here. Massive drop in future contracts from big players.
Just watching for now. Remember even numbers at 1230/40 could be possible, so bear in mind if you are going long at any particular level.
Just watching for now. Remember even numbers at 1230/40 could be possible, so bear in mind if you are going long at any particular level.
Last week big fishes kept dropping contracts, it is better to be safe.
Regards