The drop in gold is healthy for developing a long position.
Very bullish in gold as a swing trade. The RSI was showing it was overbought so this drop is probably healthy.
Will add to position if it drops to $1265
Very bullish in gold as a swing trade. The RSI was showing it was overbought so this drop is probably healthy.
Will add to position if it drops to $1265
Trade closed: target reached
I hope you are all celebrating! $1303 Taking profits - closed position. Will not short it, but I think it will retrace.
Even if it does pop-up I think it will find support $ resistance around 1308-1312 anyway.
Willing to take the profits rather than risk only $4 more & risk seeing a climb back to $1280.
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.
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.