Gold 1 hour = if you dont have buy , put buystop on 1857
on U.S FED news about increase rate , , wave 1: end , gold go down and pull back to up ( stil trend is + up with 1920 target ) now it can start wave 2
so put buystop possible with low size and SL= last low 1841
bad scenario : technicaly gold is buy now but if bad news come , low break gold can go downer , above downer green arrow we can pick 2nd buy ( after OK come)
if you have old sell , 100% put SL in 1857 , break last high (or low) on gold , 90% will start up trend (or down trend) why? becouse gold manner is very trendy , whhen it break last high , will go up , even upper , see in chart March 2020 exactly (for this manner i 100 time ask you dont pick reverse sell on gold )
good night friends
i will update my chart per 5 hour tradingview.com/chart/jtsoM2GC/
secret = for pinbar check gold futures GC1! 1hour , 4hour, daily chart too
so put buystop possible with low size and SL= last low 1841
bad scenario : technicaly gold is buy now but if bad news come , low break gold can go downer , above downer green arrow we can pick 2nd buy ( after OK come)
if you have old sell , 100% put SL in 1857 , break last high (or low) on gold , 90% will start up trend (or down trend) why? becouse gold manner is very trendy , whhen it break last high , will go up , even upper , see in chart March 2020 exactly (for this manner i 100 time ask you dont pick reverse sell on gold )
good night friends
i will update my chart per 5 hour tradingview.com/chart/jtsoM2GC/
secret = for pinbar check gold futures GC1! 1hour , 4hour, daily chart too
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