Shoring Gold

3 gün önce

So here we go again with gold.

there are two theories at this point, a bullish case and a bearish case.

The bullish case that the price broke a bearish trend and moving upwards.

For a bearish case, the price didn't close that strong above the last swing. Also the whole structure is bearish so this last up move could be very well a trap for buyers.

On the 4h tf, there is an FVG, bearish one that the price so far is reacting to.

So Even though there is a strong up move, i still lean bearish.

Later today once i get a confirmation, i will update the idea.

I might be very wrong on this trade, my confidence in this trade is 4 out of 10. So Use smaller size position.
Also iam expecting the price to revisit 3320 USD

3 gün önce

İşlem aktif

entered short with stoploss at 3385. 15 MGC contracts. lets see if its play out right :D

Good luck everyone

3 gün önce

İşlem kapandı: durdurma seviyesi

3 gün önce

Not

apparently i entered at 3383 and my stoploss was two dollars. So i entered right but with wrong stoploss placement.