29 yr trader of ES, NQ, USA(ZB)Gold. Happily married-father of 5. Trad-Catholic. I have made every mistake so you donโt have to. Live in Faith, Hope and Love.
Gold stopped right at 4493 again. Use the same levels on the way down, 4447 short to 4422, take profit and add under to last weeks low of 4365. Add under there to flatten when the swing completes at 4325.
As long we 4491-93 holds the trade in Gold is short at 4490, take profit at 4447. Add under it to take proof at 4422 while maintaining the cote position from 4490 and 4447. Under 4422 look for the swing to complete at 4325. All the while your stops are at entry.
If we get abovr 4492 i will wait for confirmation above 4502(200 day sma). Gold always respects the 200 day. Use an active daily continuation chart if you use CQG.