above chart provides an overview but the idea is to focus on most recent price action in order to find short term profitable trades.
For the purpose of this idea, focus will be on charts at a lower timeframe which will be published below.
For additional infos about Gold please refer to the related ideas linked at the end of this post.
Thank you for your support and for sharing your ideas.
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Wednesday (today's session) started attacking previous high at 3. The attack failed but was supported at level where 3 black dots are (1420,64). If RSI re-enter overbought it may produce another attack. Otherwise it may slowly fade towards 1400 IMHO
TO NOTE: vertical lines represent opening and closing of daily sessions and can be activated authoatically by going into "settings"-->"appearence"-->"session break". IMHO it is very useful when looking for short term opportunities throughout the week.