I try to see Limit of Gold price by set resistance zone & trend line I think 1519 is the best price of this cycle. after that we should worry about overbought. But Long term Gold can go to 1631 What should we do next ? up to yr strategy ^ ^
If you don't have time to see chart - don't Short ( for Scalping only) if you over trade - don't trade this time Gold rise >1% so don't hurry to all in. only use Buy on dip or use suitable lot for your account. This idea only update and confirm Target price I change Target to 1494. *** Invalid this idea when gold drop below 1451
Buy gold in zone if buy now should small lot it just break up. detail in chart
Sell at market price 1440.9 to Gray dot line and wait it can drop more or can support at this zone if cannot should drop to 1420 only trade as market flow. *** prepare to buy back as its trend *** High Risk trade please use suitable Lot size invalid if Gold more than 1448 zone
After exit from Long positon I think it is best time for short more as chart detail.
TP 1429 - 1419 or may deep than this and prepare to buy back too.
I try to test Invert scale chart Buy gold to 1410 *** High Risk trade ****
Ref my Trade idea : Gold is break support and show Invalid for Buy so we will follow sell as this chart but Target it is unclear I don't sure Gold will finish pullback which price I estimate target price ( see more in chart ) 1395 zone is the best price for me 1378 zone is Lowest price ( If break below this we will change bias in Bearish ) *** Invalidation...
Look like Strees -strain curve. sell for 30 pips
Last idea about the caution zone of this peroid. I think Gold should rise to 1437 too around 90 pips and Drop sharply to lower zone like charts ( Green line : buy zone ) Finally Gold will go to 1480 + Let 's market tell ...
within 4 Hr. Let's bet !!! Got +30 pips or Pay -18 pips
short target 25 pips long target 100+ pips risk break top red line
Let 's market choose her side and follow her path after it show confirm signal. Long bias if price still more than 1311 zone (invalid zone of right chart) target more than 1463 ++ Short bias if price is not break up green trend line of left chart Price break down and form H&S pattern , target below 1400 ( 1370 - 1394 )
Only market will tell all of us . she can win or not.
detail in chart .