BACKTEST GOLD 9 JUNE 2023 - FRIDAY

SETUP TIMEFRAME: H4 (as Daily is still in sideway)
H4 Resistance to H4 Support

TECHNICAL (SOLEY PRICE ACTION)
- Because during sideway, easier to see by price action

ZONES FOR ENTRY

1) H1 SR + H1QMS (1966.62 - 1965.21)
- Confirmation Pattern = H1 HNS & H1 QMS
- 52 pips of sell
Time: 1445 (Euro sesh)

2) H4 QMS (1974.62 - 1969.74)
- Touch and Go
- Market too volatile at this moment
- 162 pips of sell
Time: 2030 (US sesh)

3) H4 QMB (1957.82 - 1954.39)
Confluence 1: H1 Divergence Trendline
Confluence 2: M15 Divergence Trendline
- Confirmation = M5 breakout Resistance
- 113 pips of buy
Time: 2130 (US sesh)

4) H4 SR + H1 SR (1970 - 1967.24)
- Confirmation Pattern = M5 breakout Support
- 77 pips of sell
Time: 2215 (US sesh)

FUNDAMENTALS
- No high impact catalyst on 9 June 2023 for USD