Trading Gold with VSA, Patterns and MA
Having hard time inserting image.. never mind.. just click image to see the chart..
https://www.youtube.com/watch?v=qmVaEn57EHY
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Current Gold Price @ 1071
I would sell at current price and sell limit at 1075-80 range..
SL @ 1090
My view remains short for Gold. I'll keep this short and wait for right time.
My view remains short for Gold. I'll keep this short and wait for right time.
I had a short at 1073, hedged it at 1062
floating profit: 10%
Net Position: NULL
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Based on VSA, I see:
Support in the 1100-1115 range
and resistance around 1130-40 range
Seasonal resistance could settle in the said range..
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I plan to share my views and analysis in this thread.. dedicated to Gold Only.
The price bounced from 1068 due to given VSA volatility, however, my view is bearish given the expiry week.