Here is m y opinion on GOLD On 15 Mins T.F , We have a Good movement , and we have a new upside wave now and we have a good res @ 5595.00 so we can sell Gold from it as scalping and 5485.00 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 still very bullish and any short setup it`s a scalping setup to collect some pips and then continue to the main direction .
The range between 5595.00 to 5485.00 will be the best place for Sell as a scalping and buy as main direction and if we have a 4 closure above 5595.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 5485.00 we will enter another sell trade , now the price near selling area so we can wait the price to retest the res area and then enter a sell trade and targeting 5485.00 and when the price touch it and give us a good bullish P.A , we can enter a buy trade and targeting 5595.00 , It`s All Depend On Price action , if we have a daily closure below our support then the price will go down more and more after huge movement to upside .
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 5595.00 to 5485.00 will be the best place for Sell as a scalping and buy as main direction and if we have a 4 closure above 5595.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 5485.00 we will enter another sell trade , now the price near selling area so we can wait the price to retest the res area and then enter a sell trade and targeting 5485.00 and when the price touch it and give us a good bullish P.A , we can enter a buy trade and targeting 5595.00 , It`s All Depend On Price action , if we have a daily closure below our support then the price will go down more and more after huge movement to upside .
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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