BestZone 4 Long in XAUUSD(Gold)Ok, today I want to publish an idea that may have many opponents!
As you can see in the picture above, I examined gold in several timeframes at the same time and finally, according to the conditions in the market, I reached the results that I would like to share with you, my dear friends.
In the picture above, everything is clear, the general trend of gold is currently upward, but I expect a correction from it. I have determined two zones for the price return from those. Please place a limitorder in each zone with a volume of 0.5% of the total balance of your account and be sure to set the stoploss.
If the first order is stopped in area 1, I expect that the price will fall to collect more energy to move towards its historical High and fall to area 2, so place an order in this area(2)(exactly like above pic) and Dont forget the MoneyManagment!
good luck.
