As you know Market makers and Gold Market always go opposite if more than 60% are long the Market will go on short sell side, and if more than 60% are short then Market will go on Long Buy Side.
So the question is how you can decide whether to trade or Not?
The Short answer of your question is to first check either any volatile News are going to happen in Few days If yes then always Put pending orders on XAUUSD GOLD Market at 65$ distance with 15$ take profit as I always wrote in my articles that Pending Orders are key to success.
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| XAUUSD Sentiment Analysis |
In order to play in volatile Market you must use Pending Limit orders with grid trading and also need to do short scalping for more profitable trades.
Always use Non repaint Indicator for winning trades, This simple FTMO strategy can also help you to reduce drawdown.
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