Backtesting for 15 Dec (Thu): Gold
Technical Analysis:
NO 1: SELL (172 PIPS)
H4 Resistance + H1 Strong Resistance (1813.12 - 1811.40)
Time: 2345H US Sesh
NO 2: BUY (184 PIPS)
Daily RBS + M30 Divergence TL (Confluence) (1795.68)
News: FOMC Economic Projection
Time: 0300H US Sesh
NO 3: SELLL (238 PIPS)
H4 Strong Resistance + H1 Strong Resistance (1813.12 - 1811.40)
Time: 0400H US Sesh
NO 4: BUY (67 PIPS)
H1 QMB (1790.44 - 1789.01)
Time: 1230H Tokyo Sesh
NO 5: SELL (226 PIPS)
H1 Resistance + M15 Strong Resistance ( 1797.20 - 1795.68)
Time: 1430H Tokyo Sesh
Technical Analysis: 887 pips in total
Fundamental Analysis:
- The Fed increase 0.5 bps to US interest rate and USD strengthen, GOLD weaken.
NO 1: SELL (172 PIPS)
H4 Resistance + H1 Strong Resistance (1813.12 - 1811.40)
Time: 2345H US Sesh
NO 2: BUY (184 PIPS)
Daily RBS + M30 Divergence TL (Confluence) (1795.68)
News: FOMC Economic Projection
Time: 0300H US Sesh
NO 3: SELLL (238 PIPS)
H4 Strong Resistance + H1 Strong Resistance (1813.12 - 1811.40)
Time: 0400H US Sesh
NO 4: BUY (67 PIPS)
H1 QMB (1790.44 - 1789.01)
Time: 1230H Tokyo Sesh
NO 5: SELL (226 PIPS)
H1 Resistance + M15 Strong Resistance ( 1797.20 - 1795.68)
Time: 1430H Tokyo Sesh
Technical Analysis: 887 pips in total
Fundamental Analysis:
- The Fed increase 0.5 bps to US interest rate and USD strengthen, GOLD weaken.
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