Gold could retest 1650 again after the minor Pullback

Before starting the analysis, I would like to say that February has been a very profitable month and more than 2000 pips were made(Check idea links below to see the trades) on various set-ups. So, don't forget to follow me and like my ideas if they help you

Gold has pulled back strongly from its multi-year highs.
If we look at the chart, the last 4H candle looks like there are definitely some buyers here.

So, traders can look for Buys between 1562-1585 with SL below 1555.
TPs can be set at 1600, 1624 and 1660 respectively.

This is a low risk buy set-up.

تعليق:

I was unable to execute this trade but first target reached 1600

تعليق:

Nearing target, very close to 1650

أغلقت الصفقة: تم الوصول للهدف:

Gold reached 1650 which was target