peyfx

"Checking GOLD Daily Market Structure"

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
this video is about checking the market structure of gold because the most important thing before you start your analysis on the chart is to know the market structure and which faze is market in (impulsive or corrective) .
then you have to find out is price in an uptrend / downtrend / range.
after that you start to analysing the chart for getting entries in the direction of the price movement.
in the next video i'll do the analysis on lower time frames (4h , 1h).
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always remember: don't try to predict the direction of price movement , try to trade what price is telling you.
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I'll be glad to know your opinion in the comments.
This is just a bit of financial advice, do your own research too.

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