meister_keith

Price isn't Breaking 1428.00

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OANDA:XAUUSD   金/米ドル
The idea for a sell was brought by when i saw H4 had marked up it's resistance level at 1428 which only means that price is now going to create a low before continuing back up.
I'd like to see price drop to 1420 or even better 1418 for buy opportunities because this level seems to have a lot of demand.
I've set a pending order just incase price returns back to resistance, if price breaks above this level then my sells would be invalidated so i would have to manually close this position if i'm not stopped out.
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