The 1H chart can possibly offer a buying opportunity, allowing you to buy & sell numerous times within this consolidation phase. After the extreme selling pressure since last week, sellers will need to take a rest & accumulate more selling orders, before they can carry on back down. This can lead to short term buying pressure (correction).
Overall, this a counter trend trade so if you are taking buy's, use careful risk management.
Overall, this a counter trend trade so if you are taking buy's, use careful risk management.
Trade chiuso: obiettivo raggiunto:
Gold buy closed at £8,000 profit✅
I have closed out my personal buy position. Analysis was posted live for you all.
I have closed out my personal buy position. Analysis was posted live for you all.