GOLD TP DONE 1ST NOV 2024

Trade Recap: We observed price retrace to the 0.5 Fibonacci level, aligning with a minor order block on the 5-minute time frame. A strong bearish engulfing candle formed on both the 5-minute and 15-minute charts, signaling potential downside. The next candle in the 5-minute chart showed solid rejection, further confirming the entry.

With a setup yielding a 1:4 risk-to-reward (RR) ratio, we closed the trade early before reaching the take-profit level due to the impending close of the gold market.

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거래청산: 타겟 닿음

tp done