If the gold price holds above 2646, I would consider a BUY. Set the Stop Loss at 2637 and aim for the First Take Profit target at 2656, with the Second Take Profit target at 2666.
If the gold price breaks below 2632, I would consider a SELL. Set the Stop Loss at 2637 and aim for the First Take Profit target at 2624, with the Second Take Profit target at 2613.
This is my basic concept for larger time intervals. However, I usually trade on 5-minute or 1-minute intervals, using tight Stop Losses and targeting a $1 change in the gold price. Let’s see how my account performs!
Starting balance: 203.2
If the gold price breaks below 2632, I would consider a SELL. Set the Stop Loss at 2637 and aim for the First Take Profit target at 2624, with the Second Take Profit target at 2613.
This is my basic concept for larger time intervals. However, I usually trade on 5-minute or 1-minute intervals, using tight Stop Losses and targeting a $1 change in the gold price. Let’s see how my account performs!
Starting balance: 203.2
Dagangan ditutup: sasaran tercapai
What a great move! The target was reached, and the concept proved correct.Unfortunately, I won’t be able to trade this week or next week as I have four final exams to tackle. I’ll be back after finishing my exams. If I spot any potential opportunities, I’ll continue sharing my ideas and analysis here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.