We saw an opportunity to take gold for a long entry, we need to wait for a CHOCH first to happen for strong confirmation. Otherwise a continuation for short will be executed. No CHOCH no LONG.
Comment:
Price only took discounts and kept moving upward. We will see a rejection later and the price will indeed collect the premium later before continuing.
Trade closed: target reached:
A continuation of gold upwards reaching 1800 is possible with the push of PPI News tonight! Gold break Daily resistance and made a correction to only surging upwards. We have placed a buy now and a sell limit at those 3 zones. See my social media to learn more about this setup, as we are using WSWFX Indicator by EA Global Market.
