zararshahid

Wave Analysis and swing with 4$ rule.

zararshahid Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Since last 2 weeks the daily range most of the time playing above 20$ we have to move according to it .. and keeping our hedge or SL figures tightly maintained. Friday close below 1400 made see that the fuel for upward is low. so we can again test till 1384/ 3 and then go for 1433 /38 as per the wave. ..the come back to lower low of 1377 ext 1355 then we shoot for 1435, 1458 & 1470. Hedge points are same as before. 4$ rule to be maintained strictly.
Comment:
Things are going accordingly as per Wave Analysis and swing. pls take your profits in intervals. And always safeguard your equity first.. 4$ rule to be maintained strictly.
Comment:
pls put 15$ SL from the price which you have taken the position. vice versa. ( example ) if you have taken a SELL position at price 1400 .. your SL should be 1415. and if you have taken a buy position your SL should be 1485. this is how you have to maintain your SL for any sudden fall or shoot up. ( like how Brexit time happened ).. Iran, Yemen, Trade war .. will ignite this sudden fall or shoot up.. so be prepared for it.. rest all remains same as 4$ rule.
Comment:
Yesterday High/low range was above 22$ and today is expected 10-15$ range from the opening drop. 1409 .. so imo we are in the range of 1396-1424. pls maintain it for weekend with a strict 4$ rule. Good luck :)))))

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