Gold intraday/scalping

15. Juni 2021

I’m still holding on Gold from last night’s trade, although I got in early. I haven’t hit my target area to TP yet, that 2 zones up. So I was RED when it dipped more but I just held on because that’s how Gold moves I’m still trying to figure out a lot of things. Now it retraced and I was red again. So I had to use my fib tool to know where I am now in the market and its hitting 0.38 consistently, so I’m just holding on Gold. Its bad because I don’t have much capital yet since I am a newbie trader can’t even afford yet to pay the Pro version of TradingView so all my trades are just forward tested on demo of course, just started March of this year. This is another lesson learned for me, don’t swing trade if you don’t have the capital for it. Most especially don’t swing trade Gold if you have small capital you will get margin call!