good morning fellow trades its look like on monday gold create trap for buyers whatever past is past let`s see what tuesday has to offer.
As per my analysis i am going to sell on these 2 key levels.
1-4541$
2-4575$
and buy on
1-4509$
2-4498$
Apart from these zone if any other zone i see i updates here.
i am not a pro trader so don`t follow my signal only analysis it with your and see it may help you and also prove me your end of information so i can make changes.
wishes you good day ahead.
Edit: not a recommendation and indeed risky trade considering still big gaps to be filled at stock markets. I just wanted to risk because already it has dropped a lot today.
Achievable but still not as likely since the last 15M–1H candles left huge imbalances to be filled. Price is clearly giving rejections, showing sellers are still interested around 4510–4500. However, unexpected buying volume could still fill the move.
{quote} Achievable but still not as likely since the last 15M–1H candles left huge imbalances to be filled. Price is clearly giving rejections, showing sellers are still interested around 4510–4500. However, unexpected buying volume could still fill the move.
Ignored
agree, I think London session will take out Asian low
{quote} why you long here brother tell me your analysis
Ignored
We dropped from 4580 to 4520s today and it seems that down movements slow down at hourly, so I expect some up retracement. But gap can be totally filled before going up again. This is risky trade and can fail considering still big gap at stock markets.
{quote} you also share your analysis brother i want to see why you take 42 pips risk
Ignored
Buy deep till SL 4487 and hold. Trend change to bullish for this week. Hold till 4487. Max Risk of equity 1% so according adjust your lot size. TP Target is 4609
