Here is m y opinion on GOLD On 30 Mins T.F , We have a Good movement , and we have a new Range Now Between 4970.00 To 5038.00 and we have a good res @ 5035.00 so we can sell Gold from it as scalping and 4970.00 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 5038.00 to 4970.00 will be the best place for Sell as a scalping and buy as main direction and if we have a 4h closure above 5038.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 4970.00 we will enter another sell trade to continue to downside , 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 4970.00 and when the price touch it and give us a good bullish P.A , we can enter a buy trade and targeting 5038.00 , 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 after huge movement to upside and if we have a daily closure above our res the price will go higher .
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 5038.00 to 4970.00 will be the best place for Sell as a scalping and buy as main direction and if we have a 4h closure above 5038.00 we will enter another buy trade to continue this wave to upside And if we have a 4H Closure below 4970.00 we will enter another sell trade to continue to downside , 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 4970.00 and when the price touch it and give us a good bullish P.A , we can enter a buy trade and targeting 5038.00 , 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 after huge movement to upside and if we have a daily closure above our res the price will go higher .
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 .
Note
The Price Touch Sell Area And Moved +200 Pips Note
The Price Hit The Sell Target +500 PipsNote
The Price Respected The Buy Area And Moved +160 PipsNote
Our Buy Area Forced The Price To Move +350 Pips Trade fermée: cible de profit atteinte
Short Target Hit +550 Pips Long Moved +400 Pips
Breakout To Downside + 600 Pips
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Publications connexes
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.