Hi, guys!
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* Gold is in the perfect reference location, where both trades, Long & Short, may kick in.
* We need to see either of two confirmative events: the breakout or the bounce off of the Local Resistance. So watch the Price Action & the Candle Pattern at the Resistance.
Trade Signal
Buy @ $1,487.50 if breaks above.
Target: $1,530.00.
Stop-loss: $1,479.80.
Risk/Reward: 5:1
Sell at $1,482.00 if fails to break the resistance.
Target: $1,400 - $1,420 area.
Stop-loss: $1,487.50.
Risk/Reward: 15:1
GOOD LUCK!
Yours,
Market Wizzard
Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* Gold is in the perfect reference location, where both trades, Long & Short, may kick in.
* We need to see either of two confirmative events: the breakout or the bounce off of the Local Resistance. So watch the Price Action & the Candle Pattern at the Resistance.
Trade Signal
Buy @ $1,487.50 if breaks above.
Target: $1,530.00.
Stop-loss: $1,479.80.
Risk/Reward: 5:1
Sell at $1,482.00 if fails to break the resistance.
Target: $1,400 - $1,420 area.
Stop-loss: $1,487.50.
Risk/Reward: 15:1
GOOD LUCK!
Yours,
Market Wizzard
Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
Dagangan aktif
Long from $1,487.50 is activated
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.