The Gold currently is in a upward rally (daily Time Frame), after a short pullback where it has found a support area (coinciding with the 8 ema), it will continue with its rally.
We are using an one hour time frame to find the best moment to enter into the rally, and we will have a good oportunity when the price will cross the 150 wma
We can put our 1/2 TP in the previous Higher Price (1324) the 2/2 TP in 1339 and the SL in our previous Lower price (1305)
I always recommend to move the Stop Loss, you Never should convert a Winner position into a losser position
We are using an one hour time frame to find the best moment to enter into the rally, and we will have a good oportunity when the price will cross the 150 wma
We can put our 1/2 TP in the previous Higher Price (1324) the 2/2 TP in 1339 and the SL in our previous Lower price (1305)
I always recommend to move the Stop Loss, you Never should convert a Winner position into a losser position