GC - Gold retests the L-MLH for a short

١٥ سبتمبر ٢٠٢٣

Since gold broke out of the L-MLH, I was waiting for this opportunity. This is a nice test of the L-MLH.

Be aware that it could drop and come up again for a re-Test of the L-MLH. So stops have to be places accordingly.

As for the red Centerline, we also have to be aware that the CL was already reached back on Aug. 17th.
So any accelerator could pump up GC back into the white Fork.

٢١ سبتمبر ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

I got stopped out on the daily.
But I re-entered and got my target in the second run.


On the weekly I would stay in the trade for longer drop.

However, I wait for a pullback.

٢٨ سبتمبر ٢٠٢٣

ملاحظة

Daily TF:

Price breached the L-MLH of the yellow Fork.
Now new target is the CL of the red Fork.