Gold down to 1140
[ Go to bottom | Go to latest post | Subscribe to this topic | Latest posts first ]
Gold down to 1140
from Magic on 07/29/2015 01:37 AMOn July 6th 2015 i was analysing Gold as you do and spotted that Gold had been recently testing a key supply zone, in a downtrend. It was only a matter of time until we broke and found ourselves down to levels we didnt think we would see anytime soon.. Then one day we had an order of about 5 tons of Gold which sent us down to levels last seen in March 2010.
Before: https://www.tradingview.com/x/c2D9npvm/
After: https://www.tradingview.com/x/rZgMhTKu/
The trade didnt go exactly as expected run as expected but thats how the Forex markets are. The trade ran and hit TP for a nice 3R and a total of 340 pips. For those who let it run past our TP, it ended up running for a fantastic 9R totalling in a total of 1000+ pips.
Reply