I will BUY gold if strong candle break and close above the white trendline. My target is 1515.00. If candle bounce at the trendline, gold will test previous support at 1496.50. Then I will find short setup at lower timeframe. Now my bias is upward. I need to run and check current market sentiment. Looking for any issues that risks the global market to trigger the demand of the gold. Goodluck and Happy profit.
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Gold bounce at trendline. Bearish is strong for now, i will sell : target 1496.50.
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No setup for short in lower timeframe. Bull come with strong momentum. i will buy if candle break and close above white trendline. patience is the key.
Trade closed: target reached
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My short for this trade hit TP 1496.50. Happy profit !
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OK now we have strong bullish movement. my target still same as before. 1515.00. waiting for a pullback to entry. will update soon!
learning is the biggest part of trading, and there is no learning without sharing so i really appreciate that you shared your idea, i also do my best to share the knowledge i accumulated in this years, i'm sure you would love it