GOLD - 4H chart viewpoint

1 Oca 2022

The key resistance at 1815 has finally been breached. I now expect a correction (profit-taking) to occur at the start of the week. This should provide us with an entry on the 1H timeframe ideally to enter a long position to target 1845.

Let's see how this develops.

Trade safe

Sunny Kumar

3 Oca 2022

Not

We are receiving a form of correction. Trade still in tact, just require structure to develop.

3 Oca 2022

Not

I will inform when trade is invalidated. Unless we receive a daily break of 1789 trade I am still targeting 1845 short/mid term

4 Oca 2022

Not

We have received a deeper correction than expected. Now we await further structural development

5 Oca 2022

Not

Trade in play. Yes we had a deeper correction to grab orders but we are now active.

6 Oca 2022

Not

I am out of this trade.

12 Oca 2022

Not

In theory this trade corrected deeper and now we should see 1845 being hit soon

27 Oca 2022

Not

1845 did get hit - but not how I anticipated.