[November 10] 30-second Gold Non-discretionary Scalping Trade Result

Trade on November 10.

There were no particularly notable indicators.

This is a trade based on those considerations.

Price has been in a range where neither highs nor lows are being exceeded.

However, in the longer term, the lows are slightly rising and buying pressure is strengthening, also resembling an ascending triangle.

Sooner or later, it seems likely to break in one direction.

In Tokyo market on the 10th, there was a sharp rise that quickly surpassed the recent high and the high of the 3rd.

This momentum continued in the London market as well, as the buying force surged and did not stop.

In the London market, it rose to the October 30 high.

This is a price forming a large double bottom; the resistance here is strong, but breaking it marks a genuine upward trend.

By the time of the New York market, it had already risen more than 500 pips, and the momentum began to wane.

However, this price traces back to October 27, raising concerns whether the extraordinary surge seen last month will recur.

Looking at the chart image, it initially hit resistance and entered a downtrend, but sell entries here matched nicely, earning nearly 70 pips in three moves!

Meanwhile, despite the unusual rise, volatility was not extreme, and the stop-loss was not large, resulting in a favorable risk-reward trade.

As mentioned above, it remains to be seen whether another extraordinary uptrend like October will occur, but let's continue entering trades without discretion and calmly.

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