| Entry Point | Key Level | Projection | Stop Loss | |
|---|---|---|---|---|
| Gold | 1728.1 (Buy) | 1715.8, 1723.6 | 1812.2 | 1708.4 |
Gold Chart (15min) - Analysis time: (00:00 am)
Commentary
A Fibonacci Analysis on 15min Gold Chart. Gives us some support levels, a entry point at 1728.1 and a projection of 1812.2. By observing the market I will be looking to go long around 1728.1 and 1715.8. Lets see how the market behaves. Will be posting the result soon!
Gold Chart (15min) - Result time: 03:30
Commentary
The market did retraced after long time, breaking all our levels as you can see on the chart above (red circle). The market found support near 1705 close to our stop loss level and then bounced, the blue circle on the chart above. Waiting for market to retrace and observing the prices using indicators is key. Will be posting more trades soon!
Gold Chart (15min) - Result time: 03:30
Commentary
The market did retraced after long time, breaking all our levels as you can see on the chart above (red circle). The market found support near 1705 close to our stop loss level and then bounced, the blue circle on the chart above. Waiting for market to retrace and observing the prices using indicators is key. Will be posting more trades soon!
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