We are well over 500 pips in profit and currently continue to hold (See Idea linked to the trade).
However, Gold is within a Daily Descending Channel & we are about to reach 2 strong resistance areas from which we may expect a correction so we need to keep an eye on how it behaves.
I will wait to see how Price Action (PA) behaves at 1794 resistance zone before deciding to either close the current long trade or continue to hold.
Good Luck
However, Gold is within a Daily Descending Channel & we are about to reach 2 strong resistance areas from which we may expect a correction so we need to keep an eye on how it behaves.
I will wait to see how Price Action (PA) behaves at 1794 resistance zone before deciding to either close the current long trade or continue to hold.
Good Luck
