Hi everyone,
It has been a long time since I traded gold, but I am interested in trading it again. Therefore, every week I will publish a weekly trading range for scalpers.
The green area represents the support zone, the blue area represents the pivot zone, and the red area represents the resistance zone. You can scalp on these trading zones.
My trading strategy is simple, and I try to keep it that way so that you can understand what to do. If you want to make a good profit, use proper risk management.
Currently, we are bullish on the 4-hour timeframe. So, you can wait for the price to reach the top and then short or wait for a break of the blue zone to go long towards 2032.13 and 2040.
Remember to put your stops below or above the zones."
Note: Please keep in mind that trading is a high-risk activity and it is important to thoroughly research and understand the market before making any investment decisions.
It has been a long time since I traded gold, but I am interested in trading it again. Therefore, every week I will publish a weekly trading range for scalpers.
The green area represents the support zone, the blue area represents the pivot zone, and the red area represents the resistance zone. You can scalp on these trading zones.
My trading strategy is simple, and I try to keep it that way so that you can understand what to do. If you want to make a good profit, use proper risk management.
Currently, we are bullish on the 4-hour timeframe. So, you can wait for the price to reach the top and then short or wait for a break of the blue zone to go long towards 2032.13 and 2040.
Remember to put your stops below or above the zones."
Note: Please keep in mind that trading is a high-risk activity and it is important to thoroughly research and understand the market before making any investment decisions.