you can see AC is red from 4 days ago
we dont advice sell on gold but now but you can sellstop on 1887 with sl on 1901 (break 1900 can shoot gold to next target 1960 so 100% put SL,dont remove
in next hours,next days good US GDP 6.4% must push dollar index up ,gold to 1850
ALERT=break high will cancel above scenario ,so put buystop( sl=1887 trailstop=8.00$ )on high is good idea too
secret:gold traders in 1:00GMT to 12:00GMT europe morning must monitor eurusd and germany index dax FDAX1! too (gold always move against dax in mornings , dow in evenings)
note=my main instrument from 2006 is dax ,it is zigzag market ,completly difrant world,maner from gold ...i analyse many instruments,but i only pick dax (95% of my posation) and gold (5%) ,dont think i trade on all
,work on 1 thing better than many instrument ,be pro on 1 thing ,in my idea gold futures GC1! (or gold cfd XAUUSD) is easiest instrument in world ,you need just inter trend ,dont pick reverse ,dont use levrage above 10 max 20 put sl on 15min chart high/low
good luck
we dont advice sell on gold but now but you can sellstop on 1887 with sl on 1901 (break 1900 can shoot gold to next target 1960 so 100% put SL,dont remove
in next hours,next days good US GDP 6.4% must push dollar index up ,gold to 1850
ALERT=break high will cancel above scenario ,so put buystop( sl=1887 trailstop=8.00$ )on high is good idea too
secret:gold traders in 1:00GMT to 12:00GMT europe morning must monitor eurusd and germany index dax FDAX1! too (gold always move against dax in mornings , dow in evenings)
note=my main instrument from 2006 is dax ,it is zigzag market ,completly difrant world,maner from gold ...i analyse many instruments,but i only pick dax (95% of my posation) and gold (5%) ,dont think i trade on all
,work on 1 thing better than many instrument ,be pro on 1 thing ,in my idea gold futures GC1! (or gold cfd XAUUSD) is easiest instrument in world ,you need just inter trend ,dont pick reverse ,dont use levrage above 10 max 20 put sl on 15min chart high/low
good luck