GOLD Last Moves in HTF & LTF || Moves in Spicific RANGE ||
Here in #GOLD we have a Range between @1672 - @1744 about 700 pips, in which we are seeing gold is moving hundreds of pips up & down & so i'm focusing on from where it can come back up or fall back down, while breaking the trend it gives us specific points that where it gonna take rest.
I apply fibo retracement here as because i can locate the points where it can stop & i take my profit till that point.
So, after all that my focus is on 1707 for a buy trade & @1693 for a sell.
Resistance at @1760, @1744 & support at @1672, @1692 &1707 approx....
I hope this can help you get a good idea for Gold Moves as for small term trade upto days or 1,2 weeks.
I apply fibo retracement here as because i can locate the points where it can stop & i take my profit till that point.
So, after all that my focus is on 1707 for a buy trade & @1693 for a sell.
Resistance at @1760, @1744 & support at @1672, @1692 &1707 approx....
I hope this can help you get a good idea for Gold Moves as for small term trade upto days or 1,2 weeks.
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