It would be nice if we could know is price going to rise or fall down first. Looking at naked chart, price looks bearish and hardly breaking 1664. If buy-up to 1674.82 If sell-down to 1641.93/1636.85 Possible scalp buy with TP 1667.00

Gold Mining - Using Each Trading Day's Trend

Update Yesterday price broke 1658.37 and went down to 1641.93 image

Gold Mining - Using Each Trading Day's Trend

Morning all Price is again at 1658.37 Now lets see what will happen next. Will it hold?

Gold Mining - Using Each Trading Day's Trend

Update image Now let's see price action at 1658.37

Gold Mining - Using Each Trading Day's Trend

Price could go even lower with little pull back.

Gold Mining - Using Each Trading Day's Trend

Stay alive

Gold Mining - Using Each Trading Day's Trend

Looks like it won't hold. Possible down to 1652.50 and pull back up to 1658.37. Then sell with TP 1641.93, where is possible buy.

Gold Mining - Using Each Trading Day's Trend

It hold once, will it hold again? image

Gold Mining - Using Each Trading Day's Trend

Yes, price came down and we've had push up, now let's see if price holds 1658.37. I don't want to jump in front of the train, so I'm trying to be patient.

Gold Mining - Using Each Trading Day's Trend

Not sure, price is constantly making higher low as you can see on the chart. Maybe price won't come all the way to 1658.37, but finds support at 1661.13 But, how to make traders to shiver unless doing one more push down? We will see.

Gold Mining - Using Each Trading Day's Trend

Agree with you, TP at 1675.00, then down to 1668.53/1670.00 and we will see what happens next.

Gold Mining - Using Each Trading Day's Trend

Price still holds 1658.37, possible one more push down. Still looking to fulfill first plan, if we have pullback, buy at 1658.37 if holds. image

Gold Mining - Using Each Trading Day's Trend

If I can compare it with my Fibo lines, daily price moves from 250 to 290 pips, often more than that. So this is a good way to have an assumption where should price finish its daily range. Also as you can see, price doesn't move in one direction but ...

Gold Mining - Using Each Trading Day's Trend

Price is stubbornly holding 1661.13. It is possible it will go up before reaching 1658.37, but nevertheless I will wait for 1658.37 as planned.

Gold Mining - Using Each Trading Day's Trend

Morning all, before price goes up, it should once more confirm 1658.37 (100% WS). First resistance line 1674.82, second resistance 1679.89 image If it doesn't hold 1658.37, down to 1646.46/1641.93

Gold Mining - Using Each Trading Day's Trend

Agree with you. I tried to scalp but it didn't work out well, so I'm out for today. If price doesn't hold 1668.53 (23.6% WS), down to 1658.37 Potential long at 1658.37 (100% Week Support) if price holds it. TP 1669.70/1674.82 SL 15 pips image ...

Gold Mining - Using Each Trading Day's Trend

Is your order activated?

Gold Mining - Using Each Trading Day's Trend

I also continued scalping and it was bad, it would be better if I stayed with this one, but trade and learn.

Gold Mining - Using Each Trading Day's Trend

Yeah, 10 seconds, but the problem is I didn't reenter the trade. Price did one more push down. I think we will have it down again to 1673.89 I need to practice to do more orders after closing one.

Gold Mining - Using Each Trading Day's Trend

This was my scalping, it lasted 10 seconds. image I expect one more push down

Gold Mining - Using Each Trading Day's Trend