TeamothyTrade

How to plan a strategy for Gold this week

TVC:GOLD   CFDs on Gold (US$ / OZ)
because of the news of the clash between Russia and Ukraine causing the global economy to shake made last tuesday Gold can go back to touch the price (the year 2020 when the news of the United States released weapons in April and gold has flown since then. making this year the highest gold soar in history)

In the time frame of the day, it may touch and bounce back, but if we look into H4 and H1 before the market closes, there is a price action, which indicates that there may be a sideway in this area to choose the direction whether to make a new high or They will sell for a profit and then sell them together.

Expect the sudden slap on the graph. Caused by the players selling to make a normal profit.

This week's investment strategy If anyone has a warning program, prepare to Long Buy at the blue arrow and short sell at the red arrow (Higher High and Lower Low technique).

Notice
- circled area It shows that someone has already opened a buy and foresees that it will hit 2060 again to make another profit.
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