- Details
- Written by Sywa Sywa
- Last Updated: 13 May 2026 13 May 2026
- Created: 13 May 2026 13 May 2026
While waiting for the economic data release yesterday, the gold was on defensive.
I did some short trading of GOLD in the TF M15. Gold was on defensive and stays below 50 SMA on M15 chart, but around midnight Gold buyers are comeback and try to control the pace.
Even though the trend on H1 chart shows Gold is bullish, but from M15 the gold price action is stays below 50 SMA, therefore it is not wise to Buy Gold at current market condition.
Most of the trade yesterday was Sell trade, above are the record of yesterday trades position and below is the table of the trade results.
Gold trading is a very fast and risky, When trading Gold focus and patience is a must !