[March 16] The characteristic of yesterday's gold market that was more important than wins or losses【As a GOLD trader, featured on GogoJan!】
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Trade on March 16.
21:30
U.S. Detroit/New York Fed Manufacturing Index March
22:15
U.S. Industrial Production Index February [MoM]
22:15
U.S. Industrial Production Index February [Capacity Utilization]
23:00
U.S. NAHB Housing Market Index March
Indicators like these are due.
Important indicators concentrated in the same time frame require caution.
Today’s GOLD initially fell sharply, then moved in a range with little directional movement for a while, but toward the end it began to move downward again.
In the early stage, a relatively large bearish candle appeared, and the market started with a sharp move downward.
With this fall, the price moved to a lower level than before, and selling pressure became noticeable.
Trade done with that in mind.The price action is a range without a clear direction.
Has been in a downward trend since the week before last, and has been falling steadily.
In the NY market, it seemed to recover for a moment, but it was temporary.
With alternating bullish and bearish candles, it’s hard to rise, but even catching a large bullish candle early on yielded over 70 pips, and even after considering the subsequent retracements, it remains positive.
In the latter half, it dragged down again without a clear rebound, ending with no real opportunity.
Continuing to enter mechanically without discretion.
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March 16 Day’s “30-second Gold Auto-MX FX” trade results
Since Gold’s market feel and analysis are repetitive, please refer to the article on 30-second Gold discretionary scalping.
Today’s GOLD entry!! ✅?
The second part of the trend-following was not very strong in the market, but there were one entry in the first half and three entries in the second half.
The latter half showed a clear downtrend, but it fell gradually and did not drop neatly, ending with a small loss after hitting the stop.
continue to trade mechanically according to the rules, as the Auto-MX FX name suggests!
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Details of 30-second GOLD discretionary-free scalping here
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The long-awaited second edition of “30-second” × “GOLD”!!
↓↓ Details of 30-second GOLD Auto-MX FX here ↓↓
https://www.gogojungle.co.jp/tools/indicators/66726
With a 4000 yen coupon and campaign
Save as much as about 20,000 yen!
Would you like to challenge 30-second scalping at this opportunity?
Details are here↓↓
