Gold 1D - Update.
Update on my post that I posted last Friday before the market closed.
Gold has hit my buy zone, my ideal buy zone was 1760 but lowest Gold went to was 1765. Either way I currently have 3 positions running with open TP right now. (Look at the related ideas for the levels of my open positions).
As I wrote on the chart, if we get a possible morning star pattern on Gold this could be a sign that Gold may have possibly bottomed for the year and we can expect a retest of the new all time highs soon as Gold usually goes parabolic during it's very bullish seasonal runs.
I am still waiting for a HL leg formation on the LTFs before I can possibly add new positions.
Gold has hit my buy zone, my ideal buy zone was 1760 but lowest Gold went to was 1765. Either way I currently have 3 positions running with open TP right now. (Look at the related ideas for the levels of my open positions).
As I wrote on the chart, if we get a possible morning star pattern on Gold this could be a sign that Gold may have possibly bottomed for the year and we can expect a retest of the new all time highs soon as Gold usually goes parabolic during it's very bullish seasonal runs.
I am still waiting for a HL leg formation on the LTFs before I can possibly add new positions.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.