SELL BIAS: XAUUSD
At 1:30pm (GMT+1), there's a potential buy opportunity anticipated, which could result in a spike and the formation of a new high. However, keep in mind that at 3:00pm (GMT+1), there is significant news that could impact the market.
You have two options: take a low-risk buy position, secure profits, and then consider the sell position, or wait until 3:00pm and directly enter the sell trade to ride it down. Assess the risk and make a decision based on your trading strategy and risk tolerance.
You have two options: take a low-risk buy position, secure profits, and then consider the sell position, or wait until 3:00pm and directly enter the sell trade to ride it down. Assess the risk and make a decision based on your trading strategy and risk tolerance.
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