hello fellow traders.
Are you still confused about the price action of gold, curiosity of what is going to happen next
let me give you two possible scenarios
i have marked on the chart currently price action is moving sideways in a range and alot of new traders will panic here , worlds best traders love to play in sideways market by placing pending orders of buy stops above the resistance and sell stops bellow the support with the gap of 2 or 3 dollars to avoid liquidity squeez
SAFE SIDE TRADING PLAN
sell stop below the support
sell stop at 1952
stop loss 1967
tp 1942
buy stop above the current resistnace
buy stop 1968
sl 1958
tp 1980
i will highly appreciate if you boost the post if you agree with my idea
regards BY :
PANICIFIC-MSK
Are you still confused about the price action of gold, curiosity of what is going to happen next
let me give you two possible scenarios
i have marked on the chart currently price action is moving sideways in a range and alot of new traders will panic here , worlds best traders love to play in sideways market by placing pending orders of buy stops above the resistance and sell stops bellow the support with the gap of 2 or 3 dollars to avoid liquidity squeez
SAFE SIDE TRADING PLAN
sell stop below the support
sell stop at 1952
stop loss 1967
tp 1942
buy stop above the current resistnace
buy stop 1968
sl 1958
tp 1980
i will highly appreciate if you boost the post if you agree with my idea
regards BY :
PANICIFIC-MSK
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Disclaimer
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.