Gold
Long
Updated

GOLD LONG TRADE

299
Hey guys,

welcome to my trading-diary.

I?`m going long gold here. Explanation will follow!

let`s see what we get!
Trade active
snapshot
Note
snapshot

Strong absorption at the bottom in a balanced volume-profile.
Note
The orderflow is showing a strong liquidity-catch as bigger market-sells were triggered below the accumulation-zone of the night followed by an instant delta-switch. CVD started to flatten and the POCs began to shift up (High volume to low volume at the bottom) showing a volume-rejection as a proof of an unfair price-zone (market likely to move up again).

Nonetheless, be aggro as we trade against the trend.
Note
Stop-Loss break-even as we slightly hit Target 1 and had a decent pullback that must hold!
Trade closed: stop reached
I`m out on X1 (1%) profit. market so slow and shaky I rather save and look for a re-eentry!

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.