ridzwanfahmie1

GOLD Forecast for OCT W1

Long
FOREXCOM:XAUUSD   Or / Dollar Américain
I predicted Gold will continue its uptrend towards daily resistance before making decision either to break the resistance or dive after testing the it.

But this week NFP will be out so most probably strong sideways zone will be made before any market decision. Just be careful and monitor both technical and fundamental analysis.

Either way, please monitor the zone given and see the price action.

RED= Daily SNR
YELLOW= H4 Zone
Trendline= H1

TRADING PLAN
Zone is for FM with confirmation for scalping with 20-30 pips TP. If hold close some of the order and set BE for zero risk for intraday position.
SL from any zone is 20pips.
Trade with confirmation.

I will update once the trade is active guys.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.