Gold Trade Update

11 нояб. 2022 г.

Good morning all ,exactly a week ago today I posted the buy on Gold. This time price went in our desired direction. The previous buy we did was premature and we got stopped out. But thankfully we have returned that trade back and more, with this buy from the demand zone. Currently we are 1200 pips in profit for well over 1:5 R:R return. DXY looks like it could be breaking down and we may see further weakness going forward, especially with the CPI data on a downtrend. Which is great for the current trades we are in. Looking for a pullback here in price to demand or the flipped zone just below before another push north. Keep holding and keep moving SL up into profits to secure. Will update again next week, have a good weekend all GLIYF