There are a few levels I am looking at before entering a BUY trade on Gold ( Scalping)
New Support level 2150
Minor resistance level 2166
As a price Action Trader, I will look at how the market goes and if it goes according to my prediction as outlined on the chart then a Buy trade will be taken.
Price needs to reject the 2150 level at least two times before rallying to the upside.
if it breaks the 2150 level then we will look for sell opportunities
New Support level 2150
Minor resistance level 2166
As a price Action Trader, I will look at how the market goes and if it goes according to my prediction as outlined on the chart then a Buy trade will be taken.
Price needs to reject the 2150 level at least two times before rallying to the upside.
if it breaks the 2150 level then we will look for sell opportunities
Comment:
No retracement but it went to our direction