Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/07/07
No plan, No trading
Entry reason:
Gold slowly grows today that broke the 1780 resistence line, and now stop around 1786.
Even I don't see any berish power today, I should be very careful to buy Gold at this current price.
Watch the 4 hour chart, MACD indicator. There's a hidden divergence may happen here, which indicates a hard drop in next few days. (Of course gold may gain strong buying power and hit a new high).
In terms of wave analysis, as long as Gold price not cross 1788, correction wave A-B-C pattern is still valid. 1778 is the wedging point of bullish and berish. Drop below 1778 will confirm a start of wave-C.
So here's my plan:
buy stop at 1790, TP 1795 1800. with $3 SL
Short at 1786, SL 1790. TP 1777, 1750
Add more short at 1776, SL 1785, TP 1750
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/07/07
No plan, No trading
Entry reason:
Gold slowly grows today that broke the 1780 resistence line, and now stop around 1786.
Even I don't see any berish power today, I should be very careful to buy Gold at this current price.
Watch the 4 hour chart, MACD indicator. There's a hidden divergence may happen here, which indicates a hard drop in next few days. (Of course gold may gain strong buying power and hit a new high).
In terms of wave analysis, as long as Gold price not cross 1788, correction wave A-B-C pattern is still valid. 1778 is the wedging point of bullish and berish. Drop below 1778 will confirm a start of wave-C.
So here's my plan:
buy stop at 1790, TP 1795 1800. with $3 SL
Short at 1786, SL 1790. TP 1777, 1750
Add more short at 1776, SL 1785, TP 1750
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.