ramin_trader2006

Gold daily say = buy pinbar come = up trend can start

FX:XAUUSD   Gold Spot / U.S. Dollar
2 scenario possible but first let see AC indicator and COT data (big bangs net open order on gold futures)
AC is red but very week show range ,zigzag condition ( it need big,powerful candel to show trend)

COT data show bank have big open buy , they can increase buy and push market up or close buys push market down ( they SL is under 3angel trendline)

FOR PICK ORDER,wait 3angel break , then pick order WITH SSSSSSLLLLLLL(any body don't hear me,don't put SL and margin call)

if you have open old sell you must put SL or hedge buystop on 3angel trendline , break it mean up trend

if you have open buy,you are in good order but put SL in pinbar low
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.