let see exactly gold daily and Accelator Occilator (AC)stil gold on daily chart is inside 3 angel (zoom out above chart , desktop view ) break that 3 angel will show gold way for next 12 month !!!
AC was red ,but gold on news and nasdaq wild go up back to up move , now we must looking for buy in deep
now gold reach old fibo 61% and 90% will break it then will touch 1860 trendline (pick sell posible there but with very low size and SL) if gold break that trendline,can fly up to 1910-1920 (2018 high)
(look like gold want create butterfly pattern on daily chart)
alert= if on big news gold break low , can crash to 1600 even 1500(20% possible)
stratgy = for coming days , advice buy when AC daily is green and AC 1hoyr goes down (full red) ,when you see pinbar on 15-60-240-1440 min chart) pick buy (or buystop on candel high) with SL in pinbar low (secret= pinbar on gold 80% work, it love pinbar too)
fact : in 2021 on gold i pick +47000 pip TP and 18000 pip on SL (100 pip gold mean 1.00 on gold move )
sorrily new traders cant exit loss posations with SL (remove it) and use big levrage above 1-20= big size =margincall with little opposite market move , if you cant pick stable profit (monthly you must eat 50sl 50 tp , but tp must above 3*SL) work on SL and low levrage,size
NEVER NEVER USE LEVRAGE ABOVE 1-20 AND 10K EQUITY MAX 0.1 LOT , THEN YOU CAN PICK STABLE PROFIT LIKE VERY PRO TRADR
HIGH LEVRAGE IS TOXIC !!!!!!!! THINK 1 WEEK WHY
