Past two trades presented.. Rough…. But overall successful with the current stops on $2916 safe & the scaling in positions at $2917.89 mentioned in the ideas of 19/02 active.
Moving forward.
Big week for gold coming up and we should be forming an important low or high imo. Obviously my targets are into $2980 so the bias here is bullish.
$$$2938.5$$$ That Guy.
In sight and still remains the most significant handle in this range to provide a breakout.
I’m looking for Asia to give us downside into entry off the bat before popping $2938.5 and setting the stage for the day…
Two profiles above. Both RR1:4+
First drop in at $2929 handle. I do believe the previous low is in concrete, and $2916 will hold..
Second drop is a more safer approach in at $2938.5 checking if we previously left $2929/31 respectively to place stops.
If we get the moving on this trade and hold $2938.5 it’s straight to the bank! 🏦
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