Hourly support intact in Gold, possible move up to 2430

Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit.

Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support level and TP at 2430.

Komentarz:

Already moved up 100 Pips

Komentarz:

Seems like price is consolidating for the next phase

Zlecenie aktywne:

Bought@2360

Komentarz:

Trade currently in 200 pips profit

Zlecenie zamknięto ręcznie:

Trade closed@2416.
Profit: 560 Pips

Zlecenie aktywne:

Bought again@2380 as I find the hourly support is still intact