i have a micro lot at 1559 and in its draw down i will size into short accordingly trade with caution and risk management and you will be happy don't over jump the gun you will miss your targets .. not a professional but for over 3 years ive put in heavy chart time and its paying off
phase one represented by blue box (no volume)CONTRACTION average price of overall move phase two represented by oval (some volume) EXPANSION ..indecisive traders and phase 3 represented by green rectangle ... A LOT OFF volume ... BIG MONEY and collective mass population of traders choose LONG OR SHORT
not professional advice ... blue line average price wait for it to choose but we all kno gold is bullish over all
looking for support will watch for best entry not financial advice im not a professional
gold doesn't want to drop yet support at 1570
more in depth analysis of this trade im in im not a financial professional but i suggest you get your bitmex ready and watch for bounces.. possible inverted head and shoulders .. even this i really don't us patterns for analysis
this is what im hoping my trade does fucked up my first entry trading gold and btc at same time lol small account .. that shit was 8441.33 imagine lol with only a 0.04 lot but still analysis bin on point well size into this trade this one is a 0.01 lot lol but only a 10$ account ... have fun with it