[May 8] 30-Second Gold Non-Discretionary Scalping Trade Result
Details of 30-second GOLD no-discretion scalping here
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This is the trade from May 8.
21:30
United States: Initial Jobless Claims 04/27 - 05/03
23:00
United States: Wholesale Inventories (Revised) March [Wholesale inventories—MoM—Revised]
There are indicators such as these coming up.
The importance is not very high, but let's stay cautious.
On the 7th there was no clear direction and it was range-bound, but on the Tokyo market on the 8th it broke to a high.
However, this turned into a false breakout and fell sharply, pushing into the London and New York markets.
It fell in the London market for a while, then became a setup for a mean-reversion rally.
Coincidentally, it formed a chart image similar to yesterday.
At the moment of the downward move there was a brief stalling, but a rapid rebound and rise aligned with the entry rules, allowing capture of the big move.
Volatility has been settling day by day, but even so, this extent of a rise is reminiscent of GOLD.
It has entered a temporary downtrend with lower highs, but there is a possibility of a short-term pullback; avoid chasing entries, and continue to enter according to the rules without discretion, calmly.
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