in my idea yes (if big news not come ,,,let see gold futures daily and AC indicator
under red arrow,after pinbar ,i will sell with sl in pinbar high(like always)
if you have old sells,(against my analyze) you must hedge them now,gold going to 2200 (after hedge,never close hedge buy first,even in 10.000$ profit(gold can go upper) Frist must close old sell)
Hi, what do we expect on gold today, it seems the trend line is holding at 1938, do we expect a reversal down 👇 to 1925 before up or it may likely break 1920 and continue down?
dimyto
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Hi, between $1915 and $1910 an ounce open interest in Puts gold futures options is falling at the expense of Call options today - maybe there we will expect an uptrend reversal in spot gold. Otherwise, strong resistance is observed today at 1935 dollars per ounce - today after the start of the American and then the Asian exchange sessions.
ramin_trader2006
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@dimyto, option not effect make ,forget it,don't monitor it(zoom on trendline breakout),,,gold price even spot comes from gold futures
ramin_trader2006
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@dimyto, if you are option trader and your profit has limit,forget it,,,,find market with low SL and very big TP can set
ramin_trader2006
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@dimyto, according calculation your TP must 3×SL ,,,,if your TP not 3times SL , you will loss( in option you can't do this, except Germany option,warrants))