In Asian Session Gold has created the High for the day and we took our sell entry at $2372 and now gold will continue its downtrend.On 4H candle we can see gold moving out of the golden zone,hence no retracement was made on higher timeframe thus indicating strong sell momentum.Keeping that in mind,for intraday trade we are going to look for sells entries in asian and london session.Before the news release,we are going to close all our trades and wait price to reach 2300 and below.Then we will enter a buy trade on reversal.I will keep updating.
No More hints will be provided in minds for entry.Mgs me for questions or any trading related issue.
No More hints will be provided in minds for entry.Mgs me for questions or any trading related issue.
Note
2298 not 2398
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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.