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...
After making a new low , retraced back to the supply area which initially led to a sell off, So First time back to the level there is a possible case for a short down to the demand level. Make Sure To check the NEWS for AUD because of positive correlation.
For everyone who trades FTR's and FTB's there's possibilities of an FTB since there's an FTR on the left side. Private message for eny questions.