looking for short here watching out for confirmations before entering
already caught pips on my previous long today will be risking 0.5% on this trade alone
watch for your risks and stay away for emotions today
happy trading people
gold just looking rubbish for me atm but im looking at this setup retest 1800 97 96 area
risking very minimal my strat would be scaling down on % after each loss
please remember gold is bearish on STF trend is your friend make sure you understand the risk on trading against it
we could also enter for a long positon here i wouldnt really trade this due to being against the 15m trend
but if managed properly this trade could be a nice gain for your capital
dont over leverage yourself risk what you can manage
hope everyone is doing well
looking for shorts using my 15m strat
gold 15m looking bearish atm.. area where gold can continue moving down.
watching risk management
waiting patiently for price to come to this level..
Waiting for confirmation candles
goodmorning and happy trading
any questions message
Gold right now laying on emas on 4hr HT
Only looking for Longs as 15m is still bullish if gold comes in bearish Monday might be looking at possible shorts.
last chance for bulls to try and push this up.
if plays out right will be looking to enter risking 1%
check R/R check your stops..
50 pips breakeven.
Yesterday we saw powell push price to 1833..
As we all know gold loves to fill in the gap so with this idea hoping it gets filled nicely..
4hr TF we can see retracement at 50% (1833) and started bleeding.
waiting for price to come to 1814 1813 to long.. also (30%) retracement.
powell also to speak today be prepared only use 1% per trade
follow plans patience...
so many ideas for gold right now this is just another idea possibility for a bounce of a major trend line support..looking more into this idea changing time period to 4hr 1 hour daily you can see gold came down to test this support trend line.
then gold created a consolidation phase. Spot is most likely to break either up...
prices has been ranging in these areas for quite a while now itll reject and come back 46 and maybe break resistance
and go onto all hh and so on..
kissed my 50 doesn't look like it'll go below my zone if it does tighter stop loss and rentry for a short short.
will be ranging wouldn't think gold would brake this zone on a...
Many ideas on which way gold could go next up to long term looking at around 1864 or 72
1% risk always
alot of areas where it will most likely manipulate but end result could be 64 72 OR HH
weekly looking very bearish things can change..