Gold: Possible scenario for continuing the uptrend.

With the approach to the upward support level, long positions can be opened with a target in the area of 1300. I do not like the price dynamics at the moment of breaking up the resistance level. A short stop can make a profit in case the upward movement does not develop in the area of 1300. But for such a scenario it will be necessary to track the situation inside the day.

Commento:

Two opposite scenarios at least require a good profit factor. :)

Commento:

Possible downward resistance level.

Commento:

Stop moved to 1271.

Commento:

Commento:

Stop moved to 1284.

Trade chiuso: obiettivo raggiunto:

Trade chiuso: obiettivo raggiunto:

Result: profit 250 pips. Initial profit factor (profit / loss) > 10.