I got these 2 zones of interest on a Gold buy. The purple zone and the green zone. I personally prefer the green zone but the purple zone could give some pips. Gold is pulling back on the delay of ground invasion of Gaza. Even those yields and the DXY are pulling back, gold is dropping. Gold is 100% on safe haven mode right now. Keep your eyes on the Israel and Gaza news update as it is what's driving gold at the moment.
The purple zone we got 1950+ 23 fib+ break retest of a pretty strong zone.
The green zone has the 38 fib+ 1925+ 100 and 200 Daily MA sitting there.
We know gold move fast so don't be greedy.
Good luck
The purple zone we got 1950+ 23 fib+ break retest of a pretty strong zone.
The green zone has the 38 fib+ 1925+ 100 and 200 Daily MA sitting there.
We know gold move fast so don't be greedy.
Good luck
Comment:
Up 50 pips from purple zone. I won't lie, I didn't have time to take it since I was writing my trade idea.
No FOMO... We wait on the next trade
Up 50 pips from purple zone. I won't lie, I didn't have time to take it since I was writing my trade idea.
No FOMO... We wait on the next trade
Comment:
Perfect trade
Perfect trade
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If you in SL at break even before the news
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Very good US PMI Flash numbers. The trade will go back to entry
Comment:
No... it keeps going
No... it keeps going
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150 pips from entry
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200+ pips now
200+ pips now
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trade made 300+ pips
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Coming close to 400 pips.
Coming close to 400 pips.
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550 pips
550 pips
Trade closed: target reached
Comment:
Trade is done. 500+ pips
As I was wrriting my trade idea, Gold touched the 23 Daily fib and purple zone