mohammadhassanli

ready for 1930 rebound ?

Long
mohammadhassanli Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
*** this article is base on 4H time frame ***
good evening every one
my last posts and targets reached and now i decided to open a long position to 1930 area ,major lost support of last market's structure , which lost in this week , price should retest and complete it's brief pullback to this area.
the main important case in this trade is our stop loss if you check the chart you'll find out that our stop loss in 1888 so close and this makes our trade so profitable .
let's ride it
Trade active:
SL 1888
TP 1930
ESTIMATED RUNNING PROFIT 140 PIPS
Comment:
ICHIMOKU
Comment:
our trade is running in profit
are you in ?
Comment:
do you believe in miracle ?
price action makes miracles
if price close a 1 hour candle stick above 1915 then our target is reachable for sure
Comment:
our trade is running in profit and i decided to change TP to 1925
tell me what do u think ...
Comment:
as i said at the 1st step
*** this article based on 4H time frame ***
so you have to manage your trade and mind for this scale
read below article carefully :
Front Month Comex Gold for July delivery lost $47.90 per troy ounce, or 2.43% to $1921.10 this quarter
Largest one quarter net and percentage decline since the third quarter of 2022
Snaps a two quarter winning streak
This month it is down $42.80 or 2.18%
Largest one month net and percentage decline since Feb. 2023
Down for two consecutive months
Down $69.00 or 3.47% over the last two months
Largest two month net and percentage decline since Oct. 2022
This week it is up 10.00 cents or 0.01%
Largest one week net and percentage gain since the week ending June 9, 2023
Snaps a two week losing streak
Today it is up $11.90 or 0.62%
Largest one day dollar and percentage gain since Thursday, June 8, 2023
Snaps a three session losing streak
Off 6.20% from its 52-week high of $2048.00 hit Thursday, May 4, 2023
Up 18.35% from its 52-week low of $1623.30 hit Monday, Sept. 26, 2022
Rose 6.79% from 52 weeks ago
Off 6.20% from its 2023 settlement high of $2048.00 hit Thursday, May 4, 2023
Up 6.21% from its 2023 settlement low of $1808.80 hit Friday, Feb. 24, 2023
Off 6.36% from its record high of $2051.50 hit Thursday, Aug. 6, 2020
Year-to-date it is up $101.40 or 5.57%
All prices are calculated based on the settlement price of the current front month contract.

Source: Dow Jones Market Data, FactSet
Comment:
Comment:
our trade is running in very good profit
thanks to pure price action
Trade closed: target reached
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