[August 20] 30-second Gold scalping trades with no discretion—results

This is the trade on August 20.

Although there are many minor indicators clustered at the same time, the range of movement isn’t that large, so keep it in mind for now.

Trades are based on taking that into account.

GOLD has been setting lower highs and lower lows since the previous day.

The downtrend has continued for more than 10 days now.

The perspective remains to stay bearish.

Even when the Tokyo market opens, the decline continues and it goes below the recent low again.

However, the momentum isn’t strong, and it then begins to rise.

From here, there is a point where it could stop rising and begin to lower the highs, but the momentum does not weaken as we enter the NY market.

In the monitored time frame, it rose for a while but the upward pressure remains.

The second entry rose nearly 30 pips temporarily, but it doesn’t seem to be due to any indicators in particular.

Nevertheless, with a subsequent short-entry, pips were greatly extended.

The rise continued thereafter, but there were no entry opportunities, and with a sell entry at the peak, pips earned were extended again, and the day ends.

It is a relief to have had a big win after a long time, but since it surpassed the recent high here and the trend has broken, we are left to see what will happen to GOLD for the rest of this week.

Continue to enter without discretion in a calm and steady manner.

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