[November 26] 30-second Gold no-discretion scalping trading results
Tuesday the 26th has no notable indicators in particular.
GOLD fell sharply in the Tokyo market, then continued to fall once more before stabilizing and turning into an upward trend.
It rose after forming a large double bottom in the London market.
However, it has not yet surpassed the previous high and has been moving up and down within this wide box range.
As it traces a gentle arc, the key point will be whether it can reliably follow the waves.
There was a large decline in the New York market, a market where strong momentum and ranges with a clear separation between high-momentum periods and consolidation periods were evident.
Nevertheless, even in a range market there is a decent amount of volatility, and if you don’t properly escape, you could incur significant losses—quite characteristic of GOLD.
From the above image alone, it may seem like we’re only aiming for counter-trend moves, but we go after both trend-following and counter-trend opportunities.
Because it has clearly escaped with stars, it seems to be turning short-term gains into wins as well.
This week is already almost over in November, so let's keep up the trading efforts.
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