XAUUSD W/C 01/03/2021
Entry for sells and buys depending on whether support or resistance breaks. Additional support and resistance allocation needs to be carried out to mark keys areas, I carry this out every day to mark new areas. Divergence and momentum show a possible continuation to the downside with either momentum picking up or slowing down.
Use risk management when trading to ensure you do not lose more than you are happy to. I stick to a 20 pip loss as a maximum, if that occurs I exit the trade and enter he reversal to retrieve my loss.
Use risk management when trading to ensure you do not lose more than you are happy to. I stick to a 20 pip loss as a maximum, if that occurs I exit the trade and enter he reversal to retrieve my loss.
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