We have drawn our support and resistance levels using our gold turns. We can see areas of support for retracements, which we will look to add to our longs and close and shorts. We are looking for these levels to be tested with EMA5 for further confirmation. We already have advanced signals confirming these moves from last week. We are now breaking down these levels and identifying areas of retracements for entries and exits. 1868 has been broken with our EMA5 and confirmed with candle body close confirming 1878.
We keep saying this and we stick by it, a simple trading strategy applied consistently with some strong money and risk management is what you need to make consistent wins. DO NOT OVER COMPLICATE IT!
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