Gold long targeting 2120

13 Oca 2024

Next week i intend to buy gold with sl 2040 aiming at 2120. Technically gold is forming a W pattern in daily and after making a higher low it is aiming to make a higher high. Fibonacci suggest that the W will end around 2120 and from there we might see a correction to 2060 area. Fundamentally the rising tensions in the middle east suggest further rise in gold prices as a safe heaven in conflict times.
If you like my idea boost it, comment and feel free to share it with other yraders.
Good Luck!

15 Oca 2024

İşlem aktif

Trade active from 2046, running 120 pips, taking partial profits and putting my sl on entry now.

16 Oca 2024

Emir iptal

Trade close with 120 pips in profit.