Gold 4H Buy Idea 5/6/23

6 May 2023

Gold has created a 4H sell FVG that price could buy back up to OR break thru. So I will enter a buy into the FVG + for those who know The STRAT see that a failed 2d was created followed by a 2u, which is a double confirmation that price should at least go to the 50% of the FVG.

8 May 2023

İşlem kapandı: hedefe ulaştı

The 50% area of the 4H FVG was hit, but I got out of the trade early to secure profits and to not be greedy. I was getting distracted with other responsibilities and didn't want the trade to go negative while I was not paying attention. Overall, can't be mad. Profits secured and TP was actually hit as I thought it would do. Price may continue bullish if it can break the 1H consolidation that it is currently in and go bullish. Will look for another entry.

11 May 2023

İşlem kapandı: hedefe ulaştı

If you continued to follow this idea there was another entry to buy at the bottom of the FVG and buy back up to previous week's high