I take my trades on global news and the pattern being formed.
Looking at Gold, I see a pattern formation of bearish flag. Taking a trade here with a stop loss at 2024 and setting the target on 2020.
I calculate the TP and SL based on the previous candle behaviour and identifying the resistance and support levels it has maintained in the past.
What are your...
Good is the most secure ingesting got any invested and thus has a very critical position in the market. USD on the other hand is the most traded currency around the world. No matter what trades take place, be it oil, metals or commodities, gold plays a very vital role.
We have seen a steep jump in the gold and a steep fall on USD which clearly indicates that...
