we got the Gold Buy above 1810 when market opened. We highlighted this on our analysis below, which confirmed the move up. However, it followed with a move down allowing us to get our long positions in for a perfect entry, taking a nice take profit at 1816 for a safe exit confirmed with our signal.
The move down before pushing up also broke the 1810 level leaving gaps open below into the swing range. As mentioned before the swing range does not mean a full test but even staying within the swing range will allow us to buy dips, taking safe entries for safe exits on Gold Buy resistance levels.
Gaps are left up and down. Trying to catch both is what the market wants. We will, as always trade this one way.
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BULLISH TARGETS TARGETS
1824
EMA5 CROSS AND LOCK ABOVE 1824 WILL OPEN 1833 and 1841
BEARISH TARGETS
EMA5 CROSS AND LOCK BELOW 1810 WILL OPEN 1802 AND 1792
SWING RANGE
1792 - 1785
Telah diedit 01 Mar 2023, 07:58
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