Whats up gold gang! .. price has closed above the monthly level .. 1000 pips ish in a week wow! thats crazy
im expecting a small retracement before lifting off once more for gold this week ..
the candle closed with no top wick, so a retrace is likely before more upside due to the ongoing conflict in Israel
Ill be back later for the official outlook .. until...
Whats up gold gang! .. thought id drop in to show you how i enter my trades when they enter my zones. I set alerts here on trading view, then when price is approaching my zone, i get to the computer and lock in
Im looking for a clean break into the zone with a strong candle on the 15/30/1h
That candle must close
Next candle to open and do a small pull back to...
Good afternoon gold gang! i hope you are all well and enjoyed your bank holiday weekend.
This weeks educational post is based on trends and how to define them. The example above is of an up trend. You can follow this example in a down trend situation also, just in reverse.
Ok so what do i look for .. on the 4hr chart .. im looking for my key levels as always....
