You are trading gold in a market where the overall trend is bullish, indicating upward momentum. Recently, you executed a sell trade during a retracement, taking advantage of a temporary price decline against the prevailing uptrend. You have set a specific buying level at 2494, which is a support level where you anticipate the price may reverse back upwards. The strategy involves buying at 2494 if the price drops to this level, with the expectation that the bullish trend will resume, potentially leading to a new high above the previous peak.
註釋
Retracement trade successfully $150 pips running註釋
all tp hits
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