GOLD Buy Swing Trade

4 nov 2022

Good morning all, big news events have happened this week, and we have got NFP later today. But seeing where GOLD has held here at this big demand zone I would like to try a swing trade here. In readiness for the usual bull run in December towards the Xmas holidays. Ideally we should use a smaller position size here for two factors its a swing trade and also the NFP factor later today. Price will either drop back to demand, or it could give us a springboard start in our positioning. Either way I bought on today's candle open, not too far in profit if you want to follow or wait until after NFP to enter. Will update again next week, have a good weekend all GLIYF