Overall before gold will go back up its gonna have to tickle that 1800-1810 market IMO, current trade entry at 1824, stop loss just under the 4hr (1820) low mark, exit and re enter short at the potential levels, (1836ish, 1848ish or 1865ish, until finally reach); 1810 where i will enter long postions with 5% trade stop losses in relevance to my margins all the way down to 1800 (small account so approx, £7.50, 5 pips) before i realise shit ive barely got an account left and change to short to 1770 which is most likely when the market will finally go ayyyy up up and away, (knowing my luck) If it fails to break 1836 im expecting it to range inbetween 1820s and 1836s until either breaks and heads for next resistance or support (1810ish or 1848ish)
Please any advice or tips will be greatly appreciated, and please tell me if this is awful, its the main reason i've decided to become active, to get critical criticism so i can learn from it and move forward. Thank!!!!
Please any advice or tips will be greatly appreciated, and please tell me if this is awful, its the main reason i've decided to become active, to get critical criticism so i can learn from it and move forward. Thank!!!!