Helllo traders. Currently on the 4 hour chart, I am watching the $2383 / $2381 area and I am watching the $2390 area. Looking for a break and close above or below these areas to catch a good scalp trade on the retest if we get one. This is just speculation and some trade set ups I am looking at. Always do your own research before taking any trade. I trade using price action, what is happening while I am trading at that moment. Big G gets all my thanks. Let's see how things play out... Let's see what happens at the 2383.39 area. Be well and trade the trend.
Comment:
As per the above analysis, gold rejected the 2383.00 area. Currently I am looking for a potential Buy position at the 2375 area, which is almost the "neckline" on the 15 minutes chart, at least on my MT5 it looks that way. Saying that, unless we break and close below 2375.50 on a 4 hour or daily, I am looking for a push up. Let's see how things play out. Shout out to Big G.
Comment:
I grabbed a 22 pip scalp buy from 2376.07... BUT the daily opened( on my MT5) and the 4 hour both opened and went stright up, saying that, we will should come down to dip below 2376. So I am securing 75% of this scalp's profit, moving my SL to my entry point(break even) and leaving a runner running. I will post a chart and my set up in a bit. Be well and trade the trend. Big G gets all my thanks.
Pip Whisperer