{quote} Done with London session. Will back in New York session to see what's happening in the market & decide which way to go.
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I have tested the strength of the buyer. Buyers are building support @ 4204. However, 1hr & 4hrs time frames have stronger supports @ 4139.5 and 4158.1 respectively. This means that sellers will still push the price down to those levels before the week ends.
However, the positive outcomes of US - Iran talks will give the buyers an upper hand to sustain the sellers pressure.
I will keep scalping under lower time frames (1mi - 5mins), targeting 100pips per trade until a clear direction is seen.
When price hits 4190 zone (Blue box) - Buy. When it hits 4210 (Red Box) - Sell.
{quote} I have tested the strength of the buyer. Buyers are building support @ 4204. However, 1hr & 4hrs time frames have stronger supports @ 4139.5 and 4158.1 respectively. This means that sellers will still push the price down to those levels before the week ends. However, the positive outcomes of US - Iran talks will give the buyers an upper hand to sustain the sellers pressure. I will keep scalping under lower time frames (1mi - 5mins), targeting 100pips per trade until a clear direction is seen. When price hits 4190 zone (Blue box) - Buy. When...
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Massive WIN for today.
Profit target of at least 500 pips hit on Gold.
The chart is amazing. If you missed it, watch out for another opportunity tomorrow.
You can reach out to me if you need the chart. STOP GUESSING & LOSING MONEY!
Buying gold - 2 Positions @ 4118.49 @ 4116.58 SL: 100 pips each (4108.49 & 4106.58) TP: OPEN
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Trades closed to reposition.
From higher time frames 1hr, 4hrs & daily, the sellers are still very much in charge. From the 1min time frame the chart has showed the presence of sellers at 4122 & 4130.
I will focus on more sells once retraced to 4122 - 30 zone.
{quote} Trades closed to reposition. From higher time frames 1hr, 4hrs & daily, the sellers are still very much in charge. From the 1min time frame the chart has showed the presence of sellers at 4122 & 4130. I will focus on more sells once retraced to 4122 - 30 zone. Next Major Supports - Take Profits 4073.324 - 1min 4047.300 - 1hr 4036.612 - 4hrs 3998.403 - Daily Target Pips: 300 Have a Profitable day & See you guys @ New York Session. {image} {image} {image} {image}
