GOLD Mapping 21-Feb-2023
Gold price reacted at 1821 area which is a fresh weekly S&D area. Safest trade is still intraday for now as there.
1. First buy zone: 1837-1840 which is a minor BO zone, price has been sideways during bank holiday, need to watch closely if wanna trade at this zone
2. Second buy zone: 1821-1825 which would be a retest of the S&D
3. First minor sell zone (1850+) area: no range given as the area is quite big, only enter this area if there is a strong bearish candle (M15 - 1H)
4. Second sell zone (1885 - 1890): Strong S&D area with QM at 1885.
Note: All ideas are personal view and in no ways guaranteed success. FX trading is a high risk investment, do take care of your equity.
Happy trading all!
1. First buy zone: 1837-1840 which is a minor BO zone, price has been sideways during bank holiday, need to watch closely if wanna trade at this zone
2. Second buy zone: 1821-1825 which would be a retest of the S&D
3. First minor sell zone (1850+) area: no range given as the area is quite big, only enter this area if there is a strong bearish candle (M15 - 1H)
4. Second sell zone (1885 - 1890): Strong S&D area with QM at 1885.
Note: All ideas are personal view and in no ways guaranteed success. FX trading is a high risk investment, do take care of your equity.
Happy trading all!
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