Updated

Buy gold

Try to use pitchfork
TP 1225 1239
SL 1200

Note

Gold should drop for a while may set Buy limit in Green zone area

Note

Buy limit active

Note

After 1200 zone buy limit active it go up to 1206 zone and drop nearly to 1194 zone
in TF H1 it drop look llike break down but it can rising if it can stand more than 1204 it should go up as my idea.
if not I think it may drop to 1194 zone so I will keep buy limit in 1194 zone too
Now we have
Buy 1203 and 1200 my close 1203 in profit first and keep 1200 and buy limit in 1194 too

Note

Gold look more bearish
I will sell and prepare to buy again in red zone

Close buy 1200 , Delete Buy limit 1194 , Sell 1199.6

Note

Sell from 1199.6 now near interest zone 1191 it might rebounce at the channel or dip to 1187 pre pare to buy again

Note

Close All Profit Sell and Buy around this ( 1193.5-1192.0)

Note

After our buy now Gold must decision
1. break 1201 up for Bull flag famation
2. drop after hit upper channel
We will move SL to BE plus a little pips and wait for buy more on dip again.

Note

theoris

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

theoris

Also on: