gold 8h entry strategy bulls/bears swing trade setup

🔸Hello traders, today let's review 8hours/candle price chart for spot gold. currently we
are locked in trading range and therefore no clear direction, so I recommend to focus
on shorting high and buying low, details see below.

🔸Trading range is defined by range highs at 1957 usd and range lows at 1910 usd.
premium prices overhead at 1965/1979, below at 1890/1900. Confirmed heavy resistance
overhead. Right now we are trading mid range, no recommended trades.

🔸Recommended strategy for silver bulls/bears. bulls should focus on buying low near
premium prices 1890/1900 USD TP1 1935 usd TP2 1950 USD. Bears should wait and short
from overhead / confirmed resistance at/near 1965/1979 usd TP1 is 1925 USD TP2 1900.
keep in mind this is a swing trade setup, so will take longer to hit TP1/TP2. good luck!

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评论:

focus on buying low and selling high
details see chart

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gold 4hour overview of key s/r levels

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eurusd strategic outlook bears will target 1.0000

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eurgbp h4 best level to buy/hold TP +175 pips