Today, I am attempting a buy position on gold, placing my stop loss at 4384.42 and my take profit at 4423.27. On the M15 timeframe, a buy opportunity remains more attractive than a sell, as gold is clearly in a bullish trend, trading well above the MA200.
The buy position I opened on gold hit the stop loss, resulting in a loss of $177.50. On the M15 timeframe, gold appears to be trading above the MA200, suggesting there is still a possibility of the price rising further.