Trend lines are broken downward... A retest of 1620 psychological level should push price further down. Sell limit order at 1620. To be more conservative wait if 1630 will be retested again.

Gold Mining - Using Each Trading Day's Trend

Wednesday March 25, 2020. The Bulls got back to the neckline of the massive head and shoulder chart pattern that formed using 8 trading days, and are giving off signs of exhaustion around 1630 psychological level. The Red-Bearish trend lines are ...

Gold Mining - Using Each Trading Day's Trend

I have left the trade alone... If it hits stop loss, sote... It it doesn't, sote.

Gold Mining - Using Each Trading Day's Trend

Us Flash Manufacturing PMI above forecast but below 50...still bad for my short position...

Gold Mining - Using Each Trading Day's Trend

15mins to the release...na wa o

Gold Mining - Using Each Trading Day's Trend

I am already short...this is no good news.

Gold Mining - Using Each Trading Day's Trend

Woooooooow! Bad news

Gold Mining - Using Each Trading Day's Trend

The battle at 1600...a huge collapse is coming!

Gold Mining - Using Each Trading Day's Trend

But, has coronavirus not tampered the result? I wonder.

Gold Mining - Using Each Trading Day's Trend

We'll need the US Flash Manufacturing PMI to be above 50 for our sell to bring us money today.

Gold Mining - Using Each Trading Day's Trend

That's cool...

Gold Mining - Using Each Trading Day's Trend

You run an EA?

Gold Mining - Using Each Trading Day's Trend

Here, it vacilates between 70-80pips.

Gold Mining - Using Each Trading Day's Trend

My sell limit is activated at 1600... But am down -7USD massive spread today bro. Trade Still on though.

Gold Mining - Using Each Trading Day's Trend

Oh! You saw the massive spread? I think anywhere the market is going to breakout to, it will be a major collapse.

Gold Mining - Using Each Trading Day's Trend

The last two candles were rejected at this level... A very big battle is going on there right now.

Gold Mining - Using Each Trading Day's Trend

Am just risking this thing there...1600 is a strong psychological level. Anything can happen there. But, today is bullish no doubts.

Gold Mining - Using Each Trading Day's Trend

I think 1600 psychological level will be retested. So, I am placing a sell limit there.

Gold Mining - Using Each Trading Day's Trend

It's unusual for HotForex to increase spread during the day...something is fishy.

Gold Mining - Using Each Trading Day's Trend

Yes! You're right.

Gold Mining - Using Each Trading Day's Trend