[July 29] 30-second gold non-discretionary scalping trade result

July 29 trades.

21:30
US Wholesale Inventories (Preliminary) June [MoM]

22:00
US New Home Sales Price Index May [MoM]

22:00
US S&P Case-Shiller Home Price Index (20 cities) May [YoY]

23:00
US JOLTS Job Openings June

23:00
US Conference Board Consumer Confidence Index July

and so on, indicators with large volatility are scheduled for this day as well.

Trades are made with those in mind.

GOLD has been in a sharp decline since last week, but signs of a bottoming out are finally appearing.

The Tokyo market on the 29th also shows little movement, with no sign of breaking the previous low.

In the NY market on the 28th, after a sharp drop, selling forces seemed to retreat; the London market showed a brief rise, but did not break new highs, and a range-bound market continued into the NY session.

There is no extraordinary movement even in the NY market.

The price movement from yesterday’s indicators fits within about 200 pips for the day, indicating we are in a corrective phase of the downtrend that began last week.

Although one win was achieved, the time period remained tough, and I managed to limit losses as much as possible to close for the day.

If we do not break out of this range, this week will likely remain a tough market, but we must endure.

Let’s continue trading without discretion.