Backtesting for 7 Dec (Wed): Gold

Backtesting for 7 Dec (Wed): Gold

Technical Analysis

NO 1: BUY (85 PIPS)
Price went long for 85 pips respecting the H1 STRONG RESISTANCE (1767.79 - 1766.60). Trend is sideway as there is no breakout.
Time: 02:45H (Tokyo Sesh)

NO 2: SELL (50 PIPS)
Price trade in a sideway motion for 10 hours and it has been playing in the M15 Support and Resistance. Price respected the M15 Strong Resistance area (1776.34 - 1775.14) and went short for 50 pips. Trend is sideway
Time: 16:45H (UK Sesh)

NO 3: BUY (164 PIPS)
Price finally makes a H1 Resistance (1775~) breakout after long awaited sideway motion, price went long for 164 pips! Trend is bullish as there was a breakout at H1
Time: 20:00H (US Sesh)

NO 4: SELL (100 PIPS)
Price respected the H4 SBR + H1 QMS (1787.04 - 1785.60) and went short for 100 pips! Price did not make any Support breakout at H1, trend remain bullish.
Time: 22:45H

There is no high impact catalyist USD for the day. With using solely technical analysis, collected total pips for 7 Dec is 399 pips.