amRuz

Trap for seller or buyer ??

OANDA:XAUUSD   金/米ドル
Gold will do what it good at to trap buyer and seller. When price above 1800 buyer will target to 1850 and above then it dump. When price go below 1800 seller will target 1750 and below to 1720 then it start to shoot to trap the seller. So better use a break even and tight stop loss for every entry.
Weekly and daily close price give us sign of the buyer present. So I will stick to my plan to wait price action around 1767-1770 zone for swing buy entry. Maybe I can scalp sell entry around current zone first.

This is not a signal. Only my personal view of gold.
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