Gold 4 hour analysis
Let see gold futures candels and AC indicator(on gold only AC important on daily chart,understand?)
AC daily is red=if if if high not break signal is sell, if last high break signal will switch to buy
2 scenario can come=
60% traders see pinbar pick sell, go down to fibo 50%(i will sell on monday with SL on pinbar high)
40% break high (i put buystop there)and go to fibo 161% touch 2950 (if pinbar come there i will sell there too)
AC daily is red=if if if high not break signal is sell, if last high break signal will switch to buy
2 scenario can come=
60% traders see pinbar pick sell, go down to fibo 50%(i will sell on monday with SL on pinbar high)
40% break high (i put buystop there)and go to fibo 161% touch 2950 (if pinbar come there i will sell there too)
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