waiting for price to reach minor support before going long again
ive cleared 50% of my position, stops at b/e now +80 pips bagged already
I am still looking for gold to have some sort of pullback for my swings to kick in. 1800 still needs to be retested, when that will happen i do not know. There is strong fundamental pressure driving the price of gold up, so my TA will have little to no weight now.
still looking for the daily to pullback before looking at longs. current market environment is showing a weakness in the DOW/ DXY and S&P which will further our bias for longs.
we will see price re test the previous breakout zone.
still holding previous longs, this is a good re entry. got hit for SL on one position this morning/ have 2 open still/ 24k profit only a 6k loss. still holding