After breaking 38% yesterday due to fundamental NK-US event GOLD moved to 313 area with touching 2017-08-30 high. Due to the fact that fundamental movements have higher possibilities to back (down) price to the place it was before event I didn't opened 3rd buy as planned. If POG break 308 (EMA 200 H1) it can move lower to 304 (299 ext - 38%). I'm still with two buys from last week lows. Price is on upper Keltner channel (H4) with strong ADX(40) and building bullish momentum. Technically its hard to determine GOLD behaviour cause its price is again moved by fundamentals. I will try to scalp this range today. Good luck and trade safe.
Trade stängt manuellt:
I've closed one of my buys, now seeing it more bearish after 38% didnt supported POG