XAU/USD GOLD Buy
XAUUSDSummary
Daily - bullish
4hr - was in a range. broke and closed above the range. Went to LTF to look for an entry.
1hr - was waiting for the new candle to break the previous 1hr high but it did not and formed a weak resistance.
30m - price starts ranging.
Execution:
1hr - placed a buy stop above the 1hr candle anticipating the Pre NY volume to push the price higher. after 2 hours of waiting, around 6.50pm price starts moving up and my buys got activated with the Sl below the 30m candle.
secured 13 pips. Price moved 33 pips
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