Yesterday (7th of January) we called a typical intraday trade in the trading room on Gold.
The macro timeframes had a long bias, but timing was important to join the market prior to a clean move.
We waited for price action to resume a long trend on the 15 minute chart, which coincided with a breakout set up presenting an ideal entry point and stop location.
Gold continued to move higher as expected and we closed out the trade 2 hours later booking a 200% profit.
Comments