XAUUSD : This is the kind of situation when you do nothing
This chart is quite interesting. When trading, we must be picky about which asset to play with.
Buy when LOW
Sell when HIGH
Do not enter when the price is in the MIDDLE!!! This is one good example.
Playing the D @ Harmonic Pattern has a lot of advantages. Learning to stay away from trading is one of them. The MARKET seems undecided!
I can't see any trading direction here. It can go UP. It can also go DOWN. So, it is better to pick something else to play with instead of jumping into the unknown.
Good luck.
Buy when LOW
Sell when HIGH
Do not enter when the price is in the MIDDLE!!! This is one good example.
Playing the D @ Harmonic Pattern has a lot of advantages. Learning to stay away from trading is one of them. The MARKET seems undecided!
I can't see any trading direction here. It can go UP. It can also go DOWN. So, it is better to pick something else to play with instead of jumping into the unknown.
Good luck.
Note
Trendliners must be in tears...... hahaha
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