+【5/1 GOLD ゴールド】(109)200pips越え (20ドル幅)
5/1 GOLD Gold
From entry to settlement
The moving averages displayed and the terminology used are summarized in the following article ↓
https://www.gogojungle.co.jp/finance/navi/articles/63093
【Q & A】Comments and Replies Summary
https://www.gogojungle.co.jp/finance/navi/articles/66969
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This time, from the entry screen?
Thursday, May 2
Short entry on GOLD before 11:30
In the retracement sell zone where the upside is being contained and the lower timeframe highs are being made lower and the lows lower, at the timing
The stop-loss line is exceeded the recent high retracement that contained the upside
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As for the market environment?
On the daily chart, the price has fallen below the moving average and the moving average has turned horizontal, so a continued adjustment decline may occur
On the 4-hour chart, after updating the recent low and a rebound, looking at 4-hour candles, the rebound occurs at the 35th candle, and since the number of candles is still relatively shallow and the origin has been breached, there is still potential for further downside in a left translation
The white line drawn marks the support/resistance at this turning point’s retrace battle
On the 1-hour chart, the 61.8% retracement of the recent drop, after the FOMC caused broad dollar sell-off, the upside has been reined in again, so if the lower timeframe collapses, will additional retrace selling come in
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Price action after entry
After entry, the decline accelerates, briefly pauses, then a partial-position take-profit is prioritized with a stop-adjustment; the remainder is set beyond the retracement high after entry marked by the green line to ensure no losses
As shown by the green in the bottom-right, if price stalls here and briefly reverses, the plan is to take partial profits
Around here is the recent rebound’s support
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