Hello traders what do you think about GOLD?
My setups for this week (21-25 Aug)
first sell setup
entry1 1925
si 1927 tp1 1916 tp2 1910 tp3 1907
CONFIRMATION
1) it created strong resistance at 1922-1925 ,if it respect the resistance level with long wick rejection with a double top at resistance.
2) previous weekly candle high
3) double top formation at key level 1923-1925(in future)
4) key level touch
5) dxy index is bullish on htf.
Second long setup
entry1 1907 entry2 1903
si 1901 tp1 1910 tp2 1916 tp3 1932
CONFIRMATION
1) daily candle low
2) market sentiment is bullish
3) key level touch at 1903 (monthly)
4) double top formation at key level 1903 (in future)
5) dxy is at strong resistance area.
REMEMBER YOU GET PAID TO WAIT
don't forget to like and comment on my idea
My setups for this week (21-25 Aug)
first sell setup
entry1 1925
si 1927 tp1 1916 tp2 1910 tp3 1907
CONFIRMATION
1) it created strong resistance at 1922-1925 ,if it respect the resistance level with long wick rejection with a double top at resistance.
2) previous weekly candle high
3) double top formation at key level 1923-1925(in future)
4) key level touch
5) dxy index is bullish on htf.
Second long setup
entry1 1907 entry2 1903
si 1901 tp1 1910 tp2 1916 tp3 1932
CONFIRMATION
1) daily candle low
2) market sentiment is bullish
3) key level touch at 1903 (monthly)
4) double top formation at key level 1903 (in future)
5) dxy is at strong resistance area.
REMEMBER YOU GET PAID TO WAIT
don't forget to like and comment on my idea