When is The Right Time to Enter | Technical Analysis
As we can know, gold is currently on the rise, and if we look at the chart, it has penetrated the previous resistance very strongly and this indicates that there is still a chance for gold to rise again
Then what should we do next?
we just need to wait for him to return to the resistance area or buy area
For daily traders, you may be able to place orders directly there
For scalper traders, you can wait for confirmation in that area by looking at a smaller time frame
but we also need to see how the price will return, there are things that need to be paid attention to again
thats all from me, stay tune for the next update!
Then what should we do next?
we just need to wait for him to return to the resistance area or buy area
For daily traders, you may be able to place orders directly there
For scalper traders, you can wait for confirmation in that area by looking at a smaller time frame
but we also need to see how the price will return, there are things that need to be paid attention to again
thats all from me, stay tune for the next update!
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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.
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.