High Probability Intraday Setup for Gold Futures
The following are trades setup ideas in 15 mins chart for GOLD Futures .
There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.
Short Setup
If price action closed below the AI's Intraday support line,
AND continue to show weakness below Pivot Point S1 line,
AND eventually retested/closed below the Pivot Point S1 line, the idea is to short and take profit at Pivot Point S2.
Long Setup
If price action closed above the AI's Intraday Resistance line,
AND continue to show strength above the Pivot Point R1 line,
AND eventually retested/closed above the Pivot Point R1 line, the idea is to long and take profit at Pivot Point R2/R3 price region.
Depending on trader's positioning sizing, partial profit could be taken at Pivot Point R2.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
There are 2 distinctive dotted lines labeled as
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short.
Short Setup
If price action closed below the AI's Intraday support line,
AND continue to show weakness below Pivot Point S1 line,
AND eventually retested/closed below the Pivot Point S1 line, the idea is to short and take profit at Pivot Point S2.
Long Setup
If price action closed above the AI's Intraday Resistance line,
AND continue to show strength above the Pivot Point R1 line,
AND eventually retested/closed above the Pivot Point R1 line, the idea is to long and take profit at Pivot Point R2/R3 price region.
Depending on trader's positioning sizing, partial profit could be taken at Pivot Point R2.
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
Trade active
Took partial profit at R1.
i.imgur.com/HuBmOSE.png
Remaining open position with TP2 targeted at 1325. May closed manually earlier if price action suggested loss of bull momentum.