Given the current market context where gold prices are influenced by China's buying patterns, and a forecasted decline in gold prices, the strategy will remain focused on selling within the specified zones. We will incorporate two sell zones with a unified stop loss point above both zones.
Sell Zone 1
Entry Point: 2336 - 2341
Sell Zone 2
Entry Point: 2348 - 2354
Risk Management
Calculate position size based on your risk tolerance and account size.
Use a maximum of 1-2% of your trading capital for each trade.
Monitor market conditions closely and adjust the strategy as needed.
Sell Zone 1
Entry Point: 2336 - 2341
Sell Zone 2
Entry Point: 2348 - 2354
Risk Management
Calculate position size based on your risk tolerance and account size.
Use a maximum of 1-2% of your trading capital for each trade.
Monitor market conditions closely and adjust the strategy as needed.
