Here is m y opinion on GOLD On 15 Mins T.F , We have a Good movement , and we have a new Range Now after this massive move to downside Between 4530.00 To 4375.00 and we have a good res @ 4530.00 so we can sell Gold from it as scalping and 4375.00 will be the best place for Buy cuz the price broke it and retest it and give us a good bullish price action , and the main direction now very bearish and any long setup it`s a scalping setup to collect some pips and then continue to the main direction .
The range between 4530.00 to 4375.00 will be the best place for Sell and buy , and if we have a 4h closure above 4530.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 4375.00 we will enter another sell trade to continue to downside , now the price near buying area so we can wait the price to retest the support area and then enter a buy trade and targeting 4530.00 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 4375.00 , It`s All Depend On Price action so don`t enter before we have a good confirmation , if we have a daily closure below our support then the price will go down more and more and if we have a daily closure above our res the price will go higher and higher after this massive movement to downside .
Entry Reasons :
1- Highest Level The Price Touch It
2- Broken Res
3- New Support Created .
4- Clear Price Action .
5- Clear Support & Res .
6- Price Range Cleared .
The range between 4530.00 to 4375.00 will be the best place for Sell and buy , and if we have a 4h closure above 4530.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 4375.00 we will enter another sell trade to continue to downside , now the price near buying area so we can wait the price to retest the support area and then enter a buy trade and targeting 4530.00 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 4375.00 , It`s All Depend On Price action so don`t enter before we have a good confirmation , if we have a daily closure below our support then the price will go down more and more and if we have a daily closure above our res the price will go higher and higher after this massive movement to downside .
Entry Reasons :
1- Highest Level The Price Touch It
2- Broken Res
3- New Support Created .
4- Clear Price Action .
5- Clear Support & Res .
6- Price Range Cleared .
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