Gold Tuesday Trading Analysis
#XAUUSD 2024.5.14
Today's opening price of gold is below the pivot and POC so the direction is BEARISH. We have 2 virgin POC at 2366 and 2309/2312 so I guess gold will scan these 2 key levels. If you can wait, wait for scalping at the above 2 keys or wait according to the pivot plan for beautiful reversal signals to reach the sell target at 2309/2312.
Entry Sell: 2353 - 2366 - 2368
Target: 2218 - 2212 - 2209
Note:
- If there is no signal, do not trade
- Stoploss 3 times/day then you should rest
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