Gold swing trade with buy and sell levels

22 Mar

This week we are looking to sell Gold down to previous resistance which aligns with Fibonacci 0.382 level for a sell total pips of 309.
When we reach our take profit we will go back into a buy at 2994 and a take profit target of 3053 for an additional pip count of 588 pips.

Trade idea is based on higher time frame and uses trend lines as well as support and resistance and Fibonacci levels.

With these type of trades expect to go into some drawdown that's why I recommend using small lots and securing profit along the way .

Check out my weekly gold forecast with both buy and sell entries posted below.

25 Mar

Not

This trade never activated personally am still holding the level

29 Mar

Emir iptal

Closed never activated