[August 25] 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 August 25.
23:00
United States New Housing Sales 07 July [New Home Sales]
are in the forecast.
The importance is high, but the price range move is not so large.
Trades are made based on that.
On the 22nd, GOLD showed an abnormal rise and the trend seemed to break, but it completely updated to a high and seemed to switch to an uptrend, however, on the 25th when the week starts, there was little movement.
With a stop in the London market and the lows rising, it might be regarded as an uptrend, but the price movement remains quiet and it enters the NY market in a range.
By just looking at the chart image, it appears to be a clean uptrend, but there is a solid resistance at the high price reached on the 22nd, and it has been kept down at that high level.
Even if you enter a buy, it does not extend much and is bounced back.
As for the performance, it isn’t bad, but the pip gain was less than expected and it ended with a small profit.
If this solid resistance can be broken, it seems it could rise rapidly, but it depends on what happens tomorrow as well.
Let’s continue to enter trades calmly without discretion this week as well.
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