Hello traders, i`m sharing with you a new swing trade idea.
This time we have Gold on our eyes, i`m going a shor position based on a fibo retracement on H4 timeframe with a lot of confluence (strong resistance level, institutional level and 50MA).
This time we have Gold on our eyes, i`m going a shor position based on a fibo retracement on H4 timeframe with a lot of confluence (strong resistance level, institutional level and 50MA).
Comment:
Gold is now running +50 pips in profit, so i`ve moved my stop losses at break even. I will keep holding.
Trade closed: stop reached