On the 23rd Feb, Gold had a strong surge of 2.3% and gaped up, This shows that the price before the gap is a strong demand zone. Its now pulled back and closed the gap, after traders taking profits. the idea is that there are more orders to be filled at the 1647 level and could potentially push prices higher.
open @1647
stop loss @1630
take profits 1686
this is just over a 2 to 1 trade.
Good Luck
open @1647
stop loss @1630
take profits 1686
this is just over a 2 to 1 trade.
Good Luck
Trade closed: stop reached:
stopped out :(