Gold didn't break above 1345 but start to consolidate before the next move.
We realised that Gold is currently trading in a flag, and for intraday trade during consolidation, we can long when the price come to the base of a flag.
Recall my Long on Monday @ 1328, Gold down to as low as 1322.58, my SL 1322 is not triggered, and later at night hit TG 1340 (+12 pts).
And everything come to a similar setup tonight...
Long 1327 SL 1322 TG 1345 (resistance).
missed yesterday entry by 0.20 on Gold.
ReplyDeleteCancelled order and going to watch TV with mum!