enjoying another bull run from 2759.. patience always pay back! image

Gold

reason: divergence at H1

Gold

a quick short.. sell with SL 1280 & TP 1275-1270. for scalping only

Gold

yes agreed to the extent that month is ending, it can go either way. however, safe way is always the trend

Gold

usually people is under the control of their sentiments which does not work here most of the times.

Gold

here if i get out on BE then will wait n watch where it goes further. else i m anticipating to break 2785 and go long

Gold

entry since yesterday is still ON with some floating money. moved SL to BE.

Gold

got the candle sign at H1 around 20sma, buy here @2758 with SL 2751 for low risk leverage and SL with 2730 for someone having good risk leverage and equity.

Gold

going long with SL @2734. its a bit early entry, i may post again on exact time once got the sign if time permits me. Take your decisions as per your equity, risk leverage i.e. we call money management

Gold

banked the 40 lots at 2735. now looking again for another buying opportunity in the range 2710-2740. uptrend is still on cards unless day close below 2656.

Gold

still enjoying the bull run since 15 jan. expecting pull back to 2755-2765 then will see there if gives sign to continue the trend. image

Gold

Setup played out, however hit my BE.

Gold

moved SL to BE, targeting 2720-2725

Gold

yes my SL is 2700. if it goes wrong for me, resistance at 2710 where you are planning your SL for going short.

Gold

got 50% confirmation to go long from 2708. take your decisions according to your equity and calculated risk. I have taken mine and going long here to target last high @2720-2725

Gold

Appreciated you got that right.

Gold

extremely risky entry with so tight/narrow SL in declining PA. In my opinion, if trend is up and PA is declining, SL must be at some distance to pick the trend without getting SL hit.

Gold

Alhamdulillah! bank the final target 2715-2725, setup completed. short term retracement going on currently. now either day close above 2725 will give opportunity to go long again OR i will wait if i find any sign to buy again in the area 2700-2710 ...

Gold

yesterday, it has done retracement till 2676 as anticipated then continues.. bulls are still in there, targeting 2715-2725. fellows.. be cautious of any short term retracement while taking entry. money management & risk management is the key for ...

Gold

bank the first target.. may retrace a bit to 2675-2680 before reaching the second target

Gold