Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades. So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/10/14
We have made a nice profit in the last short plan.
No plan, No trading
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Entry reason:
I think gold has no clear direction and is just in a consolidation range as a collapsing triangle.
Break down to 1890 will trigger the next drop to 1850 area, but I don't know if it will happen tonight.
There's another possibility that the gold may start rebounce at 1895 area (as shown in the circle) and test the upper resistence again.