Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/06/15
No plan, No trading
Entry reason:
Gold broke the ascending H1 trendline, it also formed a double-top pattern at 1743 on last Friday.
The bullish momentum is kindly over here so I would mainly go short direction in next week.
1721 is still the key point, once it's passed with a strong power, bearish would go lower around 1690 1670.
Key support level: 1720
Key resistence 1742
So here's my plan:
Short above 1730+ , SL 1745 TP 1690
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/06/15
No plan, No trading
Entry reason:
Gold broke the ascending H1 trendline, it also formed a double-top pattern at 1743 on last Friday.
The bullish momentum is kindly over here so I would mainly go short direction in next week.
1721 is still the key point, once it's passed with a strong power, bearish would go lower around 1690 1670.
Key support level: 1720
Key resistence 1742
So here's my plan:
Short above 1730+ , SL 1745 TP 1690
Nota
The 1720 support is broken. I already close my 40% of short position at 1716, and will re-enter short again around 1724-1728
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.