Targeting sells from 1944-46 area. Golds sudden bullish movement to this price has caught my eye. I believe FOMC will not raise rates, thus I think it will have a huge impact on metals. There could be range up to that 1948, my stop is at 1948.5 with 2 targets 1940 and 1927 which was around the area of 25 key support.
Ive implemented the use of FVG, BOS and CHoCH, Im slightly adjusting the way I trade news, and trying to play it safer with setting orders rather than instant executions.
Overall this trade gives me a 1:1, 1:3.75 R/R. Orders set, lets see how my analysis goes.
Ive implemented the use of FVG, BOS and CHoCH, Im slightly adjusting the way I trade news, and trying to play it safer with setting orders rather than instant executions.
Overall this trade gives me a 1:1, 1:3.75 R/R. Orders set, lets see how my analysis goes.
Trade active:
TP1 HIT 1940
HOLDING TP2
HOLDING TP2
Comment:
1933, gold over 100 pips from our entry
Trade closed: target reached:
Closed 1932, 120 pip
160 pip total.
Thank You Mr.Powell
160 pip total.
Thank You Mr.Powell