3 August : DOJI ON GOLD DAILY CHART

see daily chart = yesterday doji show new + trend can start (if low not break)
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yesterday gold after touch fibo61% go up and touch daily sma200 true?

now fore next hours , after little zigzag can go upper to 1850 or go downer to touch 1800(old break up trend line) then fly up to 1850 (even 1900)

for today we still predict + trend , so put buystop on high (SL=8.00$) and buylimit around 1800$ with sl=low is exclent orders (see AC (or stoch ) daily is red, this show gold can range or zigzag )

alert= if big news comes and gold break low 1790 ,can downer to 1775(buylimit 2 place) So 100% PUT SL IN LAST LOW ALWAYS ,NEVER REMOVE SL ,if you cant control yourself, (hide SL on chart) shot down and 24 hour go away,dont watch

note= if you are new trader go in demo,you must eat 1.000.000 SL to be normal for your emotion,eat SL not bad =exit from bad posation soon before margincall,,,,if you can eat 5 SL and 5 TP each week is very exclent , with practice try increase your TP(point) and wait time on in profit pos (exit loss pos soon when low break)

Fundamental AnalysisGCGC1! (Gold Futures)GoldTechnical IndicatorsTrend Analysis

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