Gold broke the up TL and reached 1670 on monday and was in the conslidation for 2 days. It test 1642 support line a couple of times and the support seems valid.
It is trying to break the retracement TL at 1650 again, and if it valids, the gold will test a new high and complete the wave 5, which is the wave v in the bigger cycle wavea count.
No plan, no trading.
Long at 1645-1650, TP 1670 SL: 1640
Operación activa
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added long at 1645 now
Comentarios
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Gold reaches 1656 now. Hold the position
Operación cerrada manualmente
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I closed 50% of my long at 1663 due to a resistence line.
Operación cerrada: objetivo alcanzado
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all my long closed now due to a sudden attack to the trend.