Gold has recently began making LH & LL after positive US data, but has since recovered a lot of its losses. Although confluences for this trade are strong (resistance + trendline 3rd bounce + 78.6 fib level) i do feel as though gold could push higher. Targets are 1875 --> 1855 ---> 1843
Kommentera:
bring stoploss to breakeven when price reaches $1892
Kommentera:
managed to reenter, bring sl to breakeven