Gold short term - re-test the dip (into structure) and go.

Revisiting the Gold moves lately, It respected structure basically to the cent.

Looking at a shorter-term retest of the low - stochastic and Quadratics show this is a plausible scenario before we go North again.


Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.

Kommentar:

Interesting layout on the strength over USD & SPX.

Trade geschlossen: Ziel wurde erreicht:

As this was only an intraday trade - we are in & out.

Kommentar:

The reason for jumping out here.