With the war risk ongoing, market liquidity has been increasingly high with large intraday swings, but it still shouldn’t affect our emotions. As seen from the chart, the bullish structure in H4 is still beautifully intact, and that’s where we enter a long position.
Unless it confirms a break below 5244, I will only consider a short term sell for a mean reversion trade. Before that, my bias remains strongly bullish on gold. Big players tend to move the market to make everyone fearful of their positions, avoiding profits, and eventually missing the move, that’s exactly where we are now. Only when you have a proper risk per trade idea and a clear invalidation point to flip your bias can you survive in this insane market.
Trade safe, and wishing everyone big wins ahead.
My long entry at 5240, with SL at 5226 London low. Targeting ATH.
Unless it confirms a break below 5244, I will only consider a short term sell for a mean reversion trade. Before that, my bias remains strongly bullish on gold. Big players tend to move the market to make everyone fearful of their positions, avoiding profits, and eventually missing the move, that’s exactly where we are now. Only when you have a proper risk per trade idea and a clear invalidation point to flip your bias can you survive in this insane market.
Trade safe, and wishing everyone big wins ahead.
My long entry at 5240, with SL at 5226 London low. Targeting ATH.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.