What are your technical analysis??? What the point for taking hold positions long for gold
ShinForex1
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@pratyashabhowmik, i will be monitoring the rejection on h1 and h4 and how price respect the support level. which coincides with the fib level of 61.8. which give good confluence to upside. plus fundamentally when there is inflation going on , printing money we shall see investor buying gold
pratyashabhowmik
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@ShinForex1 actually i use Tradingview on mobile and i am beginner so i can't find any accurate technical indicator and i dont find any time frame which is best for me.. can you help me ??? I am losing my money now..
ShinForex1
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@pratyashabhowmik, i understand. i was also in the same level as you are. there is either one of this problems. either you havent take your time and study the craft, meaning you are not confident on your analysis or your risk management is so bad. it really doesnt matter what indicator or technical tools you use. all it does it putting your odds into your favour.no one can predict the market. so take your time and study, learn to control your emotion and be patience and love the process
@pratyashabhowmik, no worries if you have any question or something your need help i am here
ShinForex1
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@pratyashabhowmik, always start your analysis from a top down perspective weekly , daily, h4,h1 and entry on lower timeframe
pratyashabhowmik
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@ShinForex1, I am taking position on 1741.27 .. can I hold the position?? For long
ShinForex1
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@pratyashabhowmik, please be responsible for your own trading decision. if you wanna succeed. first you don't have to listen to what i say. second you have to take full responsibility on your own action. meaning when to enter, where to put stop loss, take profit. and so on. i am just sharing my view on how i see the market and setup that i am personally taking