Key support here. 4H is trying to break back into the trend. We're watching 1727 support and 1737 resistance

We're still holding the long from below, the move down just missed the stop at 1727. For this to move up we need a close above 1737 which should then turn to support

We're going to hold this trade in the hope for 1750-55 where we'll take the exit if it gets there

We're moving our stop to entry just incase it spikes down

Dear Members, our sincere apologies, we posted a trade idea on TradingView and thought we had posted it here as well! Unfortunately no one sent it on here.

We're looking for 1733-35 to act as support now and we're going to add to our long position. The previous position has the stopped moved up to 1727 and we've banked 75% of it.

Only if support is successful!! First target will be around 1746 with the 2nd being 1755. AS LONG AS IT SUPPORTS! Small lot with a tight stop as its accumulated enough so the break out could also open a trap door to lower levels.

We need to be careful as gold could be following a similar fractal to last week

We have to be really careful with this one hence we've added a small lot to a trade that is already running. The market has accumulated enough and is ready for a breakout. As you've experienced so far with gold, it likes to hit stops and then continue its journey so there is still potential for this to spike down if its going to go back up!

As always, its just our view. Always be sensible with your lot sizes and use a realistic stop loss. This is not the market to hold trades

A big welcome to all the new members of the group. Thank you for your support, likes and follows on all the platforms. If you like what we're doing please share the group with your fellow traders and those who are interested in trading.

We're done for the day. Trades are running, if you entered the last idea please manage this trade accordingly. If you're holding the previous one as well that one is risk free. We want the 2nd one to be the same.

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Taking 50% and moving the stop to break even on this one. Let's secure it over night.

We're taking another 25% profits on the second long position. That's a total of 75% on both trades now closed

Now the market can do what it wants. We're hunting another trade

4H Levels and trend. We're sitting at what could be the bottom of the trend. Remember trends can never be exact but give us a good indication of what's going on.

Current support 1737
Current resistance 1740

Tight range again, the market is getting ready for a breakout so lets wait and see.

We're still holding our longs from below which we have protected. DXY is looking strong but there's nothing to stop them moving in the same direction.

We're looking for a strong close above 1740

4pm GMT

This is why we needed that strong close above 1740. The market structure depended on it. We're close to breaking even on the 2nd trade after banking 75% of the trade at 1738