Trade is based on trend lines and Fibonacci levels .
Trade confidence high
On open Sunday expecting gold to long .
Have marked up a buy level at 4990 with a TP at 5134 for 134 pips however this is not the main trade.
For the main trade expecting to short at 5135 which is Fibonacci level 0.618 expecting this to run to TP at 4678 for a target of 437 pips, 4678 is Fibonacci level 0.236 our TP is just above that as we will probably reject here and start to range.
As always trade with good risk management and use a SL , be sensible with lot sizes theres always another trade
Trade confidence high
On open Sunday expecting gold to long .
Have marked up a buy level at 4990 with a TP at 5134 for 134 pips however this is not the main trade.
For the main trade expecting to short at 5135 which is Fibonacci level 0.618 expecting this to run to TP at 4678 for a target of 437 pips, 4678 is Fibonacci level 0.236 our TP is just above that as we will probably reject here and start to range.
As always trade with good risk management and use a SL , be sensible with lot sizes theres always another trade
Trade attivo
Buy is active
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.