XAUUSD Gold Scalp Analysis

XAUUSD/Gold analysis.

Rules to follow when following the analysis.

• Always wait for 30m to 1hr candle closure above or below the range for entry.
  
• It is always better to calculate if the range is wide enough to take the trade or not (R:R).
  
• Only risk 0.5% to 1% per trade and scale out when price goes in profit for 10pips+.
  
• SL above/below pre. candle high/low.