[April 25] The market was consistently rather subtle / lukewarm. [As a GOLD trader, featured by Gogojan!]
Details here↓↓
https://www.gogojungle.co.jp/tools/indicators/74653
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This is the trade on April 24.
23:00
U.S. University of Michigan Consumer Confidence Index (final) April [University of Michigan Consumer Confidence Index]
and other indicators are ahead.
Taking them into account for this trade.
This time GOLD showed a selling dominance from the early stage, fell, then moved into an unstable pattern with rebounds around the lows and another rejection.
In the early stage, bearish candles continued with a downtrend, and weakness persisted as lows were broken. At one point a large bearish candle appeared, accelerating the drop. There were moments where prices fell sharply in a short time.
Subsequently, a candlestick near the lows with a lower wick appeared, signaling a shift to a rebound. As bullish candles increased, prices rose temporarily, but the upside momentum was weak and the rebound was limited.
Entered a strong rise after the New York market opened.
However, there were no noticeable pullbacks due to the gradual rise, so opportunities were scarce.
In the latter half, it mostly moved within a box range, and opportunities were also scarce.
This week has quite a few days with no opportunities.
Ended with a slight loss.
Continuing to enter mechanically and without discretion.
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April 24 and the results of the “30-second Gold Auto-Magic FX” trade
GOLD market feeling and analysis are repeated, so please refer to the article on 30-second Gold No-Discretion Scalping.
Today's GOLD entry!! ✅?
The second push of trend-following had almost no opportunities.
Initially, it entered on a shallow pullback and could not extend far in pips.
From the mid to late stage, it again became a box range, and at that point there was little more to do than observe.
This week had many subtle markets, and it was difficult to fully utilize strengths, but that’s market conditions for you.
Continuing to mechanically enter according to the rules, as the name suggests of Auto-Matic FX!
Good job this week as well.
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Details of 30-second GOLD No-Discretion Scalping
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The long-awaited second edition of “30-second” × “GOLD”!!
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https://www.gogojungle.co.jp/tools/indicators/66726
Would you like to challenge 30-second scalping at this opportunity?
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