Gold move in such wide drop, but it has to go up a bit more if it wanted to go down further
Signal: Buy@1990.30
Signal: Buy@1990.30
Trade active:
Buy: 1990.30
Target: 2005.96
Target: 2005.96
Comment:
Ah right, before i forget, this strategy uses Andrew's pitchfork and Fibonacci retracement which mainly aims the 32.8% ratios as an enter point and exit point.
Comment:
oof typo, 38.2% ratios.
And there's no events today that may affect gold much, which means that after pulling back, the bearish movement from yesterday brought by CPI result will likely to continue.
And there's no events today that may affect gold much, which means that after pulling back, the bearish movement from yesterday brought by CPI result will likely to continue.
Trade closed: stop reached:
SL hit @1988.45
Comment:
Done trading for now, I'll post my trade in another idea when new key levels formed, ah right, I always use tight SL and aim atleast two times my SL, so if you gonna use my idea please use your discretion.
image code: nRDKGumD
just type tradingview(dot)com/x/(imagecode)