Gold was mad yesterday and I did lost my mind that completely don't know how to trade. It costs $3000 to learn a lesson.
And now I could calm down again and sit for an analysis.
NO PLAN, NO TRADING.
Gold completes another 5-wave and now in the correction of ABC which is made of a small 5-wave too.
a few key price here.
1610 - 1620 the resistence area
1580 - 1593. The rectangle areal
1566, the support line of right shoulders.
1550, the bottom.
my trading plan:
Long:
when price break 1593. TP , the resistence area.
when price drops into the support area.
Short:
when price break 1578, TP, 1566
when price hit 1610 - 1620, TP, still uncertain.
----------------------------------------------------
Note: please follow with your own risk.
wechat: 56349014
And now I could calm down again and sit for an analysis.
NO PLAN, NO TRADING.
Gold completes another 5-wave and now in the correction of ABC which is made of a small 5-wave too.
a few key price here.
1610 - 1620 the resistence area
1580 - 1593. The rectangle areal
1566, the support line of right shoulders.
1550, the bottom.
my trading plan:
Long:
when price break 1593. TP , the resistence area.
when price drops into the support area.
Short:
when price break 1578, TP, 1566
when price hit 1610 - 1620, TP, still uncertain.
----------------------------------------------------
Note: please follow with your own risk.
wechat: 56349014
Trade active:
Open buy at 1595
Comment:
add buy at 1589. SL at 1586
Comment:
update SL to 1584
Comment:
add buy at 1586
Trade closed manually:
My buy reaches stop.
Open short as planned at 1578. also closed at 1566 as planed.
Open short as planned at 1578. also closed at 1566 as planed.
Trade closed: target reached:
short at 1578 , target reached . 1667
Trade active:
Buy opens at 1667 , SL 1660
Trade closed: stop reached
