Being fooled by fake moves

Trading gold is all based on price zones. Rejects due to trends line or zones with orders from institutions.

This marks the importance of proper analysis and trend line drawings.

Movement tends to be spotted nicely on 5min for entries, but ensure to have trends on hourly time frames for better accuracy on reversal and zones. spot the tall wicks Gold is famous for. touching prices to trigger orders. find these points and you can ride nicely along the price.