4052 is a key level so a break/close above it will mean I buy and a rejection at 4052 will mean I sell
Lets see how price reacts to the 4052 level which is last Wednesday's NY session high
Short at 4041
SL at 4054
Gold is still trading below the 4052 level, but price is trying to push upwards towards 4052 maybe on a retest mission
This war with Iran is really making the market unstable. The best trading strategy right now is TP1 either you are trading resistance or support levels.
Price has retested 4052 if it breaks above it my SL will be at risk
I am closing the gold trade for $14 profit
Short sellers should cover their short now, price is coming back up