GOLD - Long
Hello traders!
This is an area where I have been expecting gold to fall for a long time.
Since the price has reached the POI, I will wait for additional confirmation to go long to $2500.
This is the idea of swing/position trading (very long term). It can also be considered as an investment idea.
However, the risks must be calculated and you must have a proper plan in place before any execution.
This is the first POI from which the price can potentially turn bullish .
If we don't get a confirmation and the zone fails to hold, the 2nd POI will be monitored.
Good Luck!
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
This is an area where I have been expecting gold to fall for a long time.
Since the price has reached the POI, I will wait for additional confirmation to go long to $2500.
This is the idea of swing/position trading (very long term). It can also be considered as an investment idea.
However, the risks must be calculated and you must have a proper plan in place before any execution.
This is the first POI from which the price can potentially turn bullish .
If we don't get a confirmation and the zone fails to hold, the 2nd POI will be monitored.
Good Luck!
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.