GOLD New Range Detected , Buy&Sell Areas Cleared , 2000 Pips !

Aug 13

Here Is My 15Mins Gold Chart , As we know we entered many trades this week , and now we have a new range just detected , after the price closed above my res and then we entered a buy trade we spotted a good place for sell around 4434.00 / 4439.00 and this area forced the price to go down for more than 500 pips so it`s a very good res area and we can enter a sell trade when the price touch it again and give us a good bearish price action and we can targeting the buying area and as we know if we have a closure below our buying area then we can add new sell and continue to downside but if the price touch the buying area and give us a good bullish price action we can enter a buy trade and targeting the selling area and if we have a clear closure above it as we did in last post we can add new buy entry and continue with the price to the next res , all depend on price action .

Entry Reasons :

Entry Reasons :

- Clear Range Detected
- Clear Support & Res

Aug 13

Trade active

The Price Touched Our Buying Area And Moved +150 Pips

Aug 13

Trade closed: target reached

The Price After Touched Buying Area And Moved +150 Pips Then Closed Below The Support And Back To Retest It As I Mentioned And Then Moved +300 Pips