Gold (XAUUSD)Short
3 Entry Condition For Gold Waiting For NFP News
Based on last night Gold heavy drop, I was looking at 3 entry possibility for Gold. From the current price, I am expecting to sell for lower low. Then I am expecting Buy until previous day Low - if you open D1 chart, you can see Bearish Engulfing, engulfed zone as possible supply zone. So the 3rd entry are based on D1 Bearish Engulfing.
Note
PO Buy Limit also related to Pivot
D1 S1 - 2719.63
W1 S1 - 2717.61
Note
1st entry - sell - still active.Note
1st entry - sell - TP
2nd entry - buy - SL
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.