As we can see the volume profile, Gold is very close to the 1957 level which broke up.
Now it becomes from resistance to support now.
the high R is around 1975, so we can long if we see a nice K line here with SL 1952.
Good luck happy trading. follow my tw and ytb pls.
Now it becomes from resistance to support now.
the high R is around 1975, so we can long if we see a nice K line here with SL 1952.
Good luck happy trading. follow my tw and ytb pls.
Comment:
note that this is a intraday long idea, we must be careful with possible reversal in NY session!