GOLD Bull

[Treacle]

Dropping again now as a war is looking less likely

 

[sebking1986]

Was it ever really looking likely. I don't think Ukraine or Russia ever thought so.

 

[bigbax699]

Good morning all, happy to report today TP1 zone on GOLD has been hit. So far we have achieved 770+ pips for a 1:6 R:R. Gold has steamed ahead recently showing strong bullish momentum. Currently we sit in the supply zone area where price has previously dropped back from, but it does currently look like its going to be broken. This time I would like price to pullback but not as deep, hopefully to the demand area at 1830 before another push upwards. That way we can add another stacked position to what look's like a continuing bullish trend for GOLD . As always take your profits now and look to re enter, or as I am doing closing half of my position and letting the rest run. GLIYF

 

[ForexWarrior2020]

really nice trade with little drawdown. Great work!

 

[Treacle]

All going to plan here but I'd be weary of the inevitable steep drop which has to happen

 

[sebking1986]

Fully expect those current equal highs to go now. Matter of whether it retraces first.

 

[momo3HC]

Awesome Gold trades mate.

 

[sebking1986]

The US/Russia news dropped DXY and Gold hard

 

[Treacle]

Yep, can see a big drop now once Biden and Putin have had their cuddle...

 

[sebking1986]

Surprised there wasn't a spike up after Putin's speech