š£ćEuropean-session goldāget ready to trade!ć
Current price is around 4134ā4136; enter long in several batches!
The Asian session drifted lower but held above the low. The hourly chart is starting to show lower wicks, and support around 4120 is very strong.
Once European-session funds enter, price will likely test the 4150ā4160 area, where retail traders are caught in losing positions.
šÆTarget: first 4155; if it breaks through, look to 4180!
š”ļøStop: 4118 (if it breaks below, exit immediatelyādon't hold on to the position)
Use a stop-loss, manage your position size, and make sure the risk/reward ratio works. Get in!
Current price is around 4134ā4136; enter long in several batches!
The Asian session drifted lower but held above the low. The hourly chart is starting to show lower wicks, and support around 4120 is very strong.
Once European-session funds enter, price will likely test the 4150ā4160 area, where retail traders are caught in losing positions.
šÆTarget: first 4155; if it breaks through, look to 4180!
š”ļøStop: 4118 (if it breaks below, exit immediatelyādon't hold on to the position)
Use a stop-loss, manage your position size, and make sure the risk/reward ratio works. Get in!