LONG AND SHORT on XAUUSD
Updated
Hi Guy, I'm back with another analysis on gold. Previous trading idea was indeed profitable and more than 100 pips was gained. So in this trading idea I have the 1947 area which has proved itself once on September 20th and today could give us a another chance to go short but as always check the lower time frame for secure entry.
If market sells off I have multiple demand areas which could yield some profit. So make sure you have these areas on your chart and trade upon them should fit your trading system.
Be honorable
If market sells off I have multiple demand areas which could yield some profit. So make sure you have these areas on your chart and trade upon them should fit your trading system.
Be honorable
Note
It rallied up toward our supply zone as soon as entry is confirmed in lower time frame we could take a tradeNote
I didn't have any confirmation of a short in lower time frame so i didn't take any trade
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