Price Action Trades- Commodities

Price Action Trades- Commodities

How I trade - Pure price action ,ie candle stick patterns + Support and Resistance

I will trade from EOD candles , with SL and TP . TP and SL will be adjusted accordingly when trade progress. But SL will only be moved in the direction of my trade

I will try to post before I take the trades in most cases if time permits else will post after wards with analysis of why I took the trade.

In indian market the gold prices are MCX Gold Oct futures contract trend is looking positive on chart, day traders can buy on dips Major support is seen in range of 27700, 27480 and 27200 . While important resistance is seen near 28170, 28380 and 28650.

this gives an idea how gold could be gone for very high rates and now stable