Good morning all ,exactly a week ago today I posted the buy on Gold . This time price went in our desired direction. The previous buy we did was premature and we got stopped out. But thankfully we have returned that trade back and more, with this buy from the demand zone . Currently we are 1200 pips in profit for well over 1:5 R:R return. DXY looks like it could be breaking down and we may see further weakness going forward, especially with the CPI data on a downtrend. Which is great for the current trades we are in. Looking for a pullback here in price to demand or the flipped zone just below before another push north. Keep holding and keep moving SL up into profits to secure. Will update again next week, have a good weekend all GLIYF
Having another update today on our Gold trade. Since last week we have seen not much movement in terms of profit. We were 1200 pips in profit last week and we are at the same this week. Although we have peaked at 1580 pips and almost hit our TP1 zone. I still think we could possibly have more to come on this current bullish run, and looks to be making a higher low possibly over the next few days before we break the high again and hit our TP zone. But as always secure your profits and let the trade run risk free. Will update again next week. GLIYF
Good morning all, it's Friday and the last NFP of the year for December. So today is a double update for both of our running trades, as they will both be affected by the outcome of today's news release. 1) Chart on left is GBPUSD . Currently 1463 pips in profit over 1:5 R:R. 2) Chart on right is Gold . Currently 1700 pips in profit over 1:6 R:R. Both pairs have made new high's with yesterdays daily candle, and both have hit a small supply zone . Which leads me to believe today could be a big day for our trades. Either we will get a nice continuation or a pullback in price. So make sure if you haven't already to lock in profits as I always say. I will update again next week, have a good weekend all. GLIYF
Still managing the two buy trades we have open. Will Gold continue the Xmas rally? This week's video is out now, head over and like and subscribe if you haven't already it would be appreciated. Have a good week all