Gold Overview plan 20 Jan
Updated
Now is astrology cycle Sun Inggress and 3rd q moon
so trading plan should focus on divergence
Trend H4 still ini bullish
Trend H1 in bearish rotation
Resistance (structure) 1210
wait price action come to resistance, then wait for Bearish divergences
Bias is to go SHORT IF market makes a swing High
entry should consider lowering Size on moneymanagement due to high volatility
so trading plan should focus on divergence
Trend H4 still ini bullish
Trend H1 in bearish rotation
Resistance (structure) 1210
wait price action come to resistance, then wait for Bearish divergences
Bias is to go SHORT IF market makes a swing High
entry should consider lowering Size on moneymanagement due to high volatility
Note
No divergences yet
market should make 1 more leg up to have divergences
lets see
Trade active
Entry on minor support break (short)Trade closed: target reached
50 pips done
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