📈Trade Idea📉
🟡 #GOLD Spot 4H
For gold, we can have two scenarios for trading. Considering that gold is in the Premium range, if a four-hour low candle (PDL-PWL) closes
In the first scenario, you can use the supply ranges specified in the chart to activate sell orders.
The second scenario for traders who are looking for a long stop in gold, the block order ranges are specified in the chart. For trading in these areas, you can place your trade as a limit by observing the stop loss.
🟢Minor Order Block >🟢1725$ -1740$
🟢Major Order Block >🟢1700$ -1715$
🔴Minor Order block >🔴1760$ - 1770$
🔴Major Order Block> 🔴1780$-1800$
📊Poc (Point of Control) : 1650$
⚠️ Margin 1% For each position.
⚠️Use Tight Stop Loss.
✍️Desert Eagle
📊Analysis Method SMART Money
Concept + ICT+ Volume Profile
(DYOR)
📆11.27.2022
⚠️This Analysis Will Be Updated⚠️
💸Good Luck Traders.
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