Gold - Catch the Ride Up

2021年3月3日

Gold has been going through a corrective consolidation since it's run up to the 2000s which is normal.

We are close to the bottom of the corrective channel, this is a good buying opportunity.

Long position opened, Stops set at the bottom of the corrective channel.

2021年3月9日

ノート

We hit our strong support and we broke out of the downward hourly trend.
Expect this bounce up to continue.

2021年4月16日

ノート

By now if you are following this trade, you have taken profits from hitting the first target.

2021年5月10日

ノート

Closing out 80% of the rest of my position here and leaving the remaining 20% in position with a stop at 1753 (for profit).

This was a winning trade with great entry point extremely good risk/reward ratio.