GOLD - TRADERS WHO USE TRENDLINE, WHERE YOU GUYS AT?

BUY POSITION ON GOLD

I have seen this setup with the help of RSI, Trendline, and as well as Multi-TF Analysis.

We have seen the price has bounced off on 1730 key support level yesterday and we took advantage of the bounce play in which we've made 100+ pips.

I have put the SL just below the trendline in case price makes a u-turn.

This is a quick play since my overall bias with gold is still bearish. TP on the retest of our 200EMA (our indicator for long term trend)

1.21RR

Trade chiuso: obiettivo raggiunto:

TP Hit!