gold looks like a buy. retesting W support. 4hr bullish divergence. breaks1750 sell break 1766 buy. possible!!!!!!!!!
shorts below 1764.31
Yes
How do you feel about Gold at the moment?
You can write comments under each article, what exactly is not clear to you and I will answer. For the future, I will try to duplicate pictures into English
ok Great, Thank You!
Сценарий на 16.06.2021 https://fxhub.biz/post/305
how are we looking on GOLD? are you able to explain what your looking for for an entry?
what would be your target for Take profit
1845
Ok great, just trying to see if I am looking at things and starting to understand... thank you for teaching me
Looks like possible box forming from mid may time frame with today.... am I right?
I am not guessing. To form a box, I need two points and only then I will look for trades. Yes, it is now possible to roll back to 1887.00, but we can also calmly go to 1820.00 tomorrow. Tomorrow the high of the day will show us the second point and then the box will be visible and where to trade. Take your time, let the price draw a box and only then trade.
Do you use EA or all manual trading?
This is manual trading. No indicators or robots.
ok
yes, very good, everything is clear
I see the box as formed by highs and lows.... Is that correct?
Yes. and the more the price touches the borders of the box, the better and more accurate the entry into the trade.
or possible a buy limit at 1875.10?
it's a risk. The price will either return to the box or we must wait for the price to draw a new box for us.