Can gold push higher?
Gold on higher TF'S appears very bullish. Getting entries without huge draw down is my goal.
Had pending set at $1417.21
My $1450 target was already reached in previous trade. Could see a retest of this level. Potentially hit $1460 area
More Political turmoil or negative news would fundamentally push this move up
Risking 1% of Capital
RR - 1/4.45
Red lines - drawn on Daily
Green lines - drawn on 4H (used a combination of line chart and candlestick to find a sweet spot)
Orange lines - drawn on 1H
Gold on higher TF'S appears very bullish. Getting entries without huge draw down is my goal.
Had pending set at $1417.21
My $1450 target was already reached in previous trade. Could see a retest of this level. Potentially hit $1460 area
More Political turmoil or negative news would fundamentally push this move up
Risking 1% of Capital
RR - 1/4.45
Red lines - drawn on Daily
Green lines - drawn on 4H (used a combination of line chart and candlestick to find a sweet spot)
Orange lines - drawn on 1H
Kommentar:
On Daily TF you can see break and retest of $1424. Wanting to see this level hold on Daily TF