MY SETUP FOR GOLD
Updated
The main idea behind this setup is causes by the price had hit the resistance area and the pull back is creating the Lower Low situation.
Trade active
Price hit the supply area and SMA 20&50 forming a death cross, trend tend to a bearishTrade active
In previous day the price still can't break the resistance area and creating Higher Low & Lower Low condition. Trend tend to the bearish.Trade closed: stop reached
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