Hello everyone,
The Hi-Lo Range formed on March 6, 2025, is 2885 to 2936, including a 60-pip buffer.
The sell signal was triggered at 2885, but the price quickly reversed, hitting the stop loss at 2936, resulting in a loss of approximately 510 pips.
At the same time, we switched positions by entering a buy trade from 2936.
As of now, gold has reached a new ATH of 3005, generating a profit of approximately 690 pips.
The previous loss was recovered by doubling the position size of the initial trade that hit SL.
Below is the chart with the actual Hi-Lo range of March 6, 2025:
/x/f9V4gYel/