GOLD ANALYSIS 15TH NOV

Refined Trading Plan

4H Analysis: Price is sitting at a significant order block, indicating potential bullish strength.
1H Confirmation: A clear retracement has occurred, and the structure is forming higher highs, signaling continuation of the uptrend.
15M Precision: Momentum aligns with higher time frames, with price pushing consistently higher.
Entry Plan:

Wait for price to break and retest a minor trend line.
Look for rejection candles or wicks during the retest to confirm entry.
Target & Risk Management:

Risk-Reward Ratio: 1:3.
Position sizing based on your predefined risk percentage per trade.
This ensures alignment across multiple time frames for a high-probability setup. 💹

Tip: Stay disciplined, wait for confirmations, and avoid forcing trades. Like & follow for more actionable insights! 🚀