[May 26] 30-second GOLD no-discretion scalping trade result
Details of 30-second GOLD non-discretionary scalping here
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This is the trade from May 26.
There are no particularly notable indicators on Monday.
Taking those into account for the trade.
It started with about a 40-pip gap opening.
Although highs were updated last Friday, on the 26th there was no buying momentum.
We expect it to enter a corrective range, or a decline from a pullback in an uptrend.
In the Tokyo market, it may bounce back at the previous high, turning support into resistance.
However, it is unlikely to rebound sharply due to angle and cyclical factors, so it seems better to think in a wider zone.
The London market is also hovering near the earlier support, and it may break at any moment, before entering the NY market.
In the NY market, there is no clear direction and movement is stalled.
This means the aforementioned corrective range is prolonged.
What to watch is the small volatility, and the losses have been very small compared to before.
It was a fairly range-bound, low-volatility market.
We are watching closely which way it will break from here.
This week, continue to enter following the rules without discretion.
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