Gold Breakout or Rejection From Key Resistance

2月18日

In the H1 timeframe there is a string resistance zone zone around 2937-2940, and H4 FVG near 2920. There are key liquidate levels, the orevious High amd previous day low.

A buy Signal: A buy signal is confirmed if the price breaks and close above the 2940 resistance zone retest it as a support and holds the previous day high.

Bullish confirmation can from strong volume, breakout candles

2月19日

交易進行

Gold tap the FVG at 2928 we can open long position from here taking as sniper entry

2月19日

手動結束交易

Trade has been closed Gold hit the FVG and boom giving us 70 pips sniper shot. Since there is a resistance zone above the FVG we need to close the trade and booked out profit