GOLD chart analysis for Wednesday session 15M TF

l’altro ieri

On looking at price movement and candlestick pattern on every TF i've figured out some zone's for wednesday session , according to closing price of gold it first resistance zone is 2927-2932 and next major resistance is 2952-2956 and if we talk about support then we've got the nearest support as 2909-2904 and follwing to it next support is 2895-2890 and 3rd support is 2883-2878 , price should come to second support sone and it should work as pullback zone from there price should make a upside move first support can also work as pullback zone but i think it's not strong as 2nd one , we should follow clear and simple approach watch out every zone look for price raction at zone if price make reversal signs at support then go for upside trade and place SL below support if it break's support with continuation pattern then short for next support in case of resistance short if reversal occurs buy if continuation occurs after continuation buy it in retesting for better risk management place sl below resistance.

ieri

Trade attivo

enterd at the first supprt and holding it to first resistance zone , i'll close half of the quantity at first resistance zone and trail half quantity to 2nd Resistance zone.

20 ore fa

Trade chiuso manualmente

Price hit SL of the first support enetred it again at the second support proper Doji candle at the second support and now closing it at First resistance Zone.