Buy order on gold. Looking to enter at the lowest point of the current zones support. @1456.0
Support should hold. Expecting a bounce up to retest 1463 zone which was previously broken. However If price manages to break below 1455.5, we can expect further downside to 1450. For that reason, the stop loss is very tight, at only 20 pips (200 micro)
Entry: 1456.0
SL: 1454.0
TP 1: 1463
TP 2: 1470
Support should hold. Expecting a bounce up to retest 1463 zone which was previously broken. However If price manages to break below 1455.5, we can expect further downside to 1450. For that reason, the stop loss is very tight, at only 20 pips (200 micro)
Entry: 1456.0
SL: 1454.0
TP 1: 1463
TP 2: 1470