
HAN_Simply_Trade
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HAN_Simply_Trade

After a full one month of bullish the last few days of september could be gold be setting its ground here. would there be a price correction in the near future. possible only current market price action will tell us.

HAN_Simply_Trade

so I've identify a few zones that gold can utilize to continue its upwards. however all must comes with a confirmation before we can place a trade. all the best everyone.

HAN_Simply_Trade


HAN_Simply_Trade

my personal opinion is to look for buys. currently it just broke out from a flag pattern which indicates as this bearish was just a pullback. lets look for continuation buys.

HAN_Simply_Trade

so what i see CMP is at the resistance trendline for h4 and yet to clear break. also there' a first sign of bullish candle presence however not strong enuff for it to break the trendline 1, 2 the rd blk area of 3660-65 which also a QM sell. it has already reacted to the QM sell and only manage to reach till 0.382 of the H4 candle. we had 2 days of bearish with yet to close weekly candle. if i want to trade to sell at this Qm H4 i need to atleast witness a reversal pattern appear in m5 or best M15. if i can grab a buy low which is good for me is at 3637 but it no longer fresh as it has been been utilised several times and the strengths gets lesser. my best buy area is gonna be 3620 area. but if market reach there today means there should be a strong bearish momentum to break 3637. so first take i'll scalp 2nd take after confirmation I may hold a little longer. for buy high I need the market to break 3665 pullback and 1st entry i'll take for scalp. when market can reach 3685-89 I'll take first entry for scalp 2nd movement to hold till 2665 area and some to bo trendline. if got chance to trade for Bo trendline for more buys i shall do so. just sharing my tonight's trading plan

HAN_Simply_Trade

this my plans for today. i want gold to tell me it wants to go higher so i'll wait for it to break H1 SBR at 3647.5 and reach possibly to 4665 make that pullback to 3647 and I'll add on my entries to buy till 3780.

HAN_Simply_Trade

gold is strong in bullish with just a soft pullback that did not manage to reach previous breakout usually. so now where is it heading?

HAN_Simply_Trade

so gold is still in bullish momentum. however to buy it. we need to find the best support to buy

HAN_Simply_Trade

gold has been in bullish momentum since 1st of september a good 1600pips since 1st september. so what will it do next lets look into the video.

HAN_Simply_Trade

following a pattern of wedge it has fully formed and that its possible that gold once break it. there'll be a pull back to break point to take a good short. mean while its compressing and today is possible for it to make that such move following news later.
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