Analysis shows that the gold is in shot term down trend in day trading time frames and Newyork is also pushing toward south. Hence shorting it.
Please don't follow this trade there is no risk management or money management followed this is test trading for the very first time.
Pure price action, Expected move depends on upcoming transcantion(VOLUME) , Open interests(CONTRACTS).
Hope we can make this 100 PIPS run. Use proper risk management ! Risking 4$ for 10$ profit
Any Corrections ?
PREVIOUS USDCAD TRADE ANALYISIS BE THE PROBABILITY. MENTIONED PREVIOUS TRADE CLOSED, THANK YOU
FEEL FREE FOR CORRECTIONS !
Please be aware of deep retracements and about the 123 pattern pullbacks they might change the whole game.
Simply analysed NZDCHF. Just an idea about the long run.