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.
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.