30 minutes timeframe of Gold:
1.If you are the forex trader with the beginner level, I'm not recommended take a trade on high risk commodities too much such as gold,silver and oil. Because there are staying the higher market volatility due to the crisis of COVID-19.
2.On the 30 minutes timeframe of Gold, you guys can see the market chart was continually to go uptrend on Wednesday morning market,and my previous stop loss distance was hit while the market chart was forming market pullback by the retest structure. But the market chart was sudden to go downtrend at night market and the price level has broken at my previous take profit distance at 1645.450, so that the bearish market was continually happened at the lowest price has broken to 1635.70.
1.If you are the forex trader with the beginner level, I'm not recommended take a trade on high risk commodities too much such as gold,silver and oil. Because there are staying the higher market volatility due to the crisis of COVID-19.
2.On the 30 minutes timeframe of Gold, you guys can see the market chart was continually to go uptrend on Wednesday morning market,and my previous stop loss distance was hit while the market chart was forming market pullback by the retest structure. But the market chart was sudden to go downtrend at night market and the price level has broken at my previous take profit distance at 1645.450, so that the bearish market was continually happened at the lowest price has broken to 1635.70.