GOLD IS BULLISH!!!

Now most people will definitely think Gold is bearish

I can assure you it is very bullish; why?

1. it is printing HH and HL so i expect this place to the be the higher low for the next HH
2. With Fibo, it is at 0.168 which is a reversal zone
3. It touched the support zone and we had a rejection there
4. It is in a falling wedge also which is a bullish structure
5. Tested EMA 200
For swing traders.

buy at 1912
stop loss - 1880 or if a daily close below the trend line or below the EMA 200

Tp 1 - 1946
Tp 2 - 1978
tp 3 - 2018
Tp 4- 2070
Tp 5- 2140
tp 6 - 2200

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160pips in

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200pips in.

if you are just joining look for an entry here with a sl of 1920

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Minor set back, patience guys

Сделка активна:

we are still in this
More profits coming

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Partial close
CPI news incoming so as not to totally lose this trade

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Move stop loss to entry

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Tp 1 is done

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Road to Tp 2

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Almost reached tp 2 but you can take partials at 1970; because i am expecting a downfall soon

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Tp 2 reached, have to check the charts again looks like the run to 2000 has started