XAUUSD 12 April

Global Markets Commodities Oil and Gold
1

Gold comment 12/04

  • Trend: Up > prioritize BUY (Price > MA50 H4)

  • Conditions to enter the order:
    +/ RSI M5/M15 = 30, 25, 20
    +/ Price > MA50 H4
    +/ Price in timezone 14h - 3am

  • Expected entry area:
    Main trend: Buy (large volume) 1942-1939, SL 1934, TP 1948-1956-1969-1980
    Sell: Scalp
    @1969 - 1971, sl 1976, tp 50 - 70 pips (hold order for a short time, small volume)
    @1977-1980, sl 1985, Tp 50-70 pips

2

Interesting! :blush: I feel like there are a lot of people who are now also trading gold. :smiley: Do you plan to make this some sort of trading journal? :smiley: