[January 6] 30-second gold non-discretionary scalping + [Round 2 of 30-second gold automatic FX] trade results!

Trading on January 6.

23:45
U.S. PMI (Purchasing Managers’ Index) December [Non-Manufacturing PMI – Final]

23:45
U.S. PMI (Purchasing Managers’ Index) December [Composite PMI – Final]

and other indicators are in store.

Based on them, this trade is performed.

First trade of the new year.

There was a drop of over 2000 pips at year-end, and since then the year started with a range market on January 2.

To be precise, the drop was so large that there is movement, but it stays within a box range with no clear higher highs or lower lows.

Whether it can break out of that box range is the question, but on the 5th it broke and retraced, and after a support-resistance flip it jumped significantly as we welcomed the 6th.

Volatility has continued to rise since the Tokyo market opened.

At this point, the next target would be the all-time high reached on December 26 last year, but it is still about 1000 pips away.

It is unlikely to reach it all at once, and even in the London market it stalled into a range.

Even when the New York market opened, there was no initial momentum.

Nevertheless, it is rising steadily, albeit gradually.

The movement has repeatedly oscillated between range and sharp rises, with long periods of stagnation, but we were able to start the year on a positive note.

This year, too, let’s continue to enter mechanically and without discretion.

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January 6th “30-second GOLD Automatic FX” trade result

GOLD market sense and analysis are repetitive, so please refer to the 30-second GOLD discretionary scalping article.

Today’s GOLD entry!! ✅?

Gold rose sharply in the Tokyo market and is relatively ranged in the London market.

There is some movement in the New York market as well, but the longer-term chart perspective keeps changing, making it hard to lock in a target.

I wanted to recover after a losing streak, but since it didn’t align with the rules, the day ended as is.

Two losses, but a small loss, so there is still room to recover, so let’s not worry and proceed.

As the name AUTOMATIC FX suggests, continue to enter mechanically according to the rules!

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