GOLD - potential swing longs from POI
Dear traders,
Finally, GOLD has shown a reaction from a weekly POI.
Potential buys are incoming. The price might drop down to test the demand zone before going higher.
At the same time, it can just continue higher without any retracement.
Anyway, we must REACT NOT PREDICT!
Wait for a confirmation and use your own strategy for entry to get involved.
Don't forget to manage your risk properly.
DISCIPLINE
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
Finally, GOLD has shown a reaction from a weekly POI.
Potential buys are incoming. The price might drop down to test the demand zone before going higher.
At the same time, it can just continue higher without any retracement.
Anyway, we must REACT NOT PREDICT!
Wait for a confirmation and use your own strategy for entry to get involved.
Don't forget to manage your risk properly.
DISCIPLINE
- Strive for patience, perseverance, determination, & rational action.
- Limit your losses, use stops.
- Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
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Feragatname
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