-> Price drop 200+ pips after hit rejection on 1480.40 resistance level. if you look at (1-Hour) timeframe it clearly has hiden base or which i called it as Engulfing Fail. I consider that next week high probability that price will going up for retracement or discount before continue to going down.
-> so next week for gold ( 9Dec-13Dec ) for short term i will looking for buy setup until reach that hiden base areas & continue to execute sell position
what really matter is minimize your risk
sell at the highest price & buy at the lowest price
manage your lotsize wisely
-> you can follow my instagram account @22visual & watch the journey on my story highlight how i grow from $50 to 7K (currently 15640.0%) which i target to make it to 19900% growth by end of this month. insha-allah -> instagram.com/22visual/
Trade closed: target reached
closed in profit (94pips) all praise due to allah :)
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