Bullish setup of Gold on 1H(approaching zone soon!)

2021年1月31日

My trading idea is based on daily chart. From the weekly perspective, the price is in the middle that tells us to do nothing. So, it's a short swing trade!

So in a nutshell, It's daily + Trend + price action.

2021年2月4日

订单已取消

As I said, price broke the downtrend line, and formed a very choppy zone. I marked the yellow zone for entry. I would be only 1 to 1, so no big profit. Actually, I'm looking back. I didn't pay close attention to gold. Recently, the price was mainly influenced by pair trading of silver which now is very likely to fall after a drastic surge to 8-year high.