| Entry Point | Key Level | Projection | Stop Loss | |
|---|---|---|---|---|
| Gold | 1774.1 (Sell) | 1766.6, 1770.4 | 1752.6 | 1778.6 |
Gold Chart (15min) - Analysis time: 01:35 am
Commentary
A Fibonacci Analysis on 15min Gold Chart. Gives us an enty level of 1774.1. Going short here, placing my stops beyond 1778.6. Also observing the key levels. Lets see how the market behaves to these Fibs. Will be posting the Result soon!
Gold Chart (15min) - Result (18 Nov 1011 time: 01:18 am)
Commentary
Well! the market bounced from our first key level of 1766.6 as you can see on the chart above (blue circle) and then a bearish trend. Going short at 1766.6 would have been a good trade. Will be posting more trades soon.
Gold Chart (15min) - Result (18 Nov 1011 time: 01:18 am)
Commentary
Well! the market bounced from our first key level of 1766.6 as you can see on the chart above (blue circle) and then a bearish trend. Going short at 1766.6 would have been a good trade. Will be posting more trades soon.
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