Gold has made a very big movement today and has took its SND & SNR zone in a very short time. Expected price to go towards buying zone by the NFP News this week. Setup is scalping setup. Full margin with 20-30pips TP at yellow area is highly recommended. This is the strong SND Zone as its break the sideways trend which has been going for a quite sometimes.
Anyway, plan you trade. High risk high reward, but also high loss. Manage your capital wisely.
Good Luck Guys
-EraBiru, HXF Academy
Trade closed: target reached
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Hello guys. Seems our BUY position has been activated and its already hit 100pips.
But I still believe we can still get another chance during NFP today. Because my analysis is made based on H4 timeframe and seems, its just make a long shadow from our buy zone and already hits >>> targeted TP which is 20-30 pips. We shall looking for short term sell now until its reenter buying zone again.
But the second touch might be not as powerful as the first one. So, please, manage your capital wisely. We shall looking for buy position again for the second time.
If you like my idea, do comment and maybe share your opinion also. Im also still learning.