posible scenario for wednesday
as we predict yesterday , alert gold start new down wave to 1740.... red trend line is important ,below it looking for sell , if break mean + trend can start
SMA200 on 1 hour chart is very important too (light green line)
in red trend i put sellimit and in big black trend buylimit (100% put SL and in your broker site from personal cabin,reduce your levrage to 10 max 20)
after you buy open near 1740, dont close it soon with little profit , after 10$ profit,move sl to open price, then give it 20-30 day time to grow ,1920 or 1960
cmegroup.com/tools-information/quikstrike/commitment-of-traders.html
on COT data, funds money managers orders is very important
SMA200 on 1 hour chart is very important too (light green line)
in red trend i put sellimit and in big black trend buylimit (100% put SL and in your broker site from personal cabin,reduce your levrage to 10 max 20)
after you buy open near 1740, dont close it soon with little profit , after 10$ profit,move sl to open price, then give it 20-30 day time to grow ,1920 or 1960
cmegroup.com/tools-information/quikstrike/commitment-of-traders.html
on COT data, funds money managers orders is very important
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