Scenario 1: If gold breaks it support 2857 then you can take a sell from 2857 to 2850-2848 in this case close your trade manually according to the market because its a weekly FVG area and we can expect reversal from 2853 to 2847 zone.
Scenarion 2: As you can see my price action trend line if we can see any selling confirmation on 2872-2874 zone we take a sell from there Its a good entry point close your trade at 2858 or hold it if market goes with good bearish momentum.
Scenario 3: Keep in mind gold shows us very big move in sell so there is chances of buying so if gold breaks my trend line with proper bullish move we take a buy when my trend line is retest all are the proper setups take entries with proper risk management.
Trade active
gold break the support and retest the support now hold your sell positions and book at 2850 and you take buy under 2850 when you see any confirmation
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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.