YOOOOOO what's up in it is your boy TJ welcome back to another video yes your boys dropping one video every free day so make sure to like subscribe and hit that bell with notifications so as not to stay in the loop on daily for its videos but your boy TJ is pretty new a b-bomb video yes your boy likes training gold a lot of people in the industry want a master gold they legit want a master gold because gold can make you so much money and in VIP we do a legit set of trades today for an ATP one here right here but your boy TJ is producing a video where I'm gonna show you a potential gold sell but not only that I'm gonna show you a trade out book with gold in VIP link in description but you don't need to join just share watch the whole video learn from how actually analyze a chart and talk about my decision to it my decision before I get into the video make sure to learn of how I actually analyze a chart and my mindset on gold you know the way I view it the way I analyze it I take out little confirmations here and there to make me judge my analysis it is crazy that you know I think about so many much coming into a trade you know it's not just like yeah that trade looks good let's go there's so much to talk about and that is exactly what I'm gonna show you so without further ado let's get into the video this is the set up that I was actually looking at okay we've got gold and USD we can see us on our channel unless you're just gonna talk you through the whole full process and why I believe that gold was going up on the bullish option and it wasn't actually gonna reverse and go bearish now if you actually look at days I call this in TJ's VIP it's coming from the two thousand seventy all the way down now to sixteen seventy eight this is the daily loads right here we got it on the screen daily loads now you're not looking to sell at the daily loads because at the very bottom of the support at the bottom here this is called the support now as you can see prize actually touched here a few times and then push from sixteen seventy eight all the way to two thousand and seventy now we can literally see this right here is insane but two two thousand seventy resistance touched and then dropped all the way back down to the local support whoopsy dude three days e that was an epic fail but as you blew it saying sixteen seventy eight is the daily support now I'm looking in this trade for buyers which we actually call previously now I'm gonna go down to the one hour because you know that it's on the uptrain literally right here pinned off impulse continue going up on the upside a lot of ranging as gold does a lot many impulations but then we finally got down to the trade and why actually took it now this was seventeen ninety eight key level in gold right now as you see his resistance right there is playing as a double top as well which you would go in and say one two three touch that's probably gonna set off from here on in which is exactly what it did now actually see up the reason why I've got this trade point it on like this seventeen eighty seven you know you see this you're thinking as a retail trader probably you know gold's gonna go up from here on in but you need to also remember okay a lot of the good traders would already be in at seventeen seventy seven point right here at the bottom of these lower highs now this is where you take into account where prices actually pushed up touch resistance touched it again touched it again for the first time they've impulse into a sell now your see price has not fully broken out of structure onto the downside now I'm looking as a trader I'm thinking gold isn't ready yet it always minute these spikes and this is a fomo in terms of trading that you don't need and fomo is a fear of missing out on the trade now what you need to make sure is as a trader you need to have that psychology and hold your full process of the trade that you want to play out I'm seeing this trade and I'm seeing this isn't going to go for a buy just yet this is going to whip out below all of your lower highs at seventeen seventy seven and then go up on the upside and that is pretty much what kind of happen but look at the trade right now seventeen eighty seven you're thinking this could go up to the eighteen hundred you know up here but it doesn't and if I actually show you how the trade pulls out look at that right there the bullish momentum eighty seven what happened rejected what's eighty seven previous highs pulled all the way back seventeen sixty six then goes top so we know that this is actually going to you know when we're looking at gold this is going to push below the seventeen seventy seven range because it needs to wick out it needs to wick below and that is exactly what happened seventeen seventy six right there wick out as you can see on the screen this week rejection is now this is where you'll get entries in for your buyers as shown on the screen right here the IP actually got buyers in here and this was the only sale I was waiting for on Friday I wanted it to take place I knew it was going to take place and it did actually happen I kept my composure the problem is is that people entering at eight seventeen eighty seven previously where you saw the bullish if they're entering there they just it just dropped from seventeen eighty seven to seventeen seventy six hundred pips it basically dropped all of those people buyers buying into early gone all the retail traders gone the people that are now selling they're going to get whipped out because prices about to reverse and they don't know this however if you trade gold you should know that it always wicks out and this is exactly what I'm trying to demonstrate and show you guys you know if you want to get into trading gold or if you don't understand how gold you can clearly see you know it breaks above breaks below breaks above breaks below and it constantly does this as long as you can get the market direction correct and gold then you are winning winning chicken dinner and I'm not even going to like because we're going to let this trade play out it with below and as you can see right here ladies and gentlemen where's girls a lot of wick outs but the sellers cannot take down price and we can see it literally doing its thing the bullish engulfing canal little pullback which is a fake pullback because look at what happens after it touches our congestion level of the channel marks up here and funny enough I just want to describe this trade right here as shown on the screen we actually close because I trade gold a lot all right this was a Friday it got to like seventeen ninety three seventy nine four which is literally here to be fair not far off where it actually stopped at seventeen ninety six where it failed to actually reach the eighteen hundred read but I actually closed profits here and the reason for closing profits is because I've learned in trading and I do hold my trees and this was a clear indication of holding my trade however I do want to take my profits when it gets near the top and like I could have let that run but the amount of times that I hold my gold trade running like 150 pips and then it just bounces and reverses on me and it did exactly that calm down all the way to seventeen sixty nine but we managed to get the clothes out here and look how bought it's all this powers it could have break respected the bodies of the resistance technically speaking as you can see and then rejected where you could have put yourselves in here because you would have seen a weak rejection on the bodies of these two candles demonstrated on the screen you know I hope eighteen hundreds but we're at seventeen seventy seven you saw the workout of the support acting as a support and now you get your buys in you close here as I said on screen I showed you the profits in VIP linked down below in the description if you want to join the VIP it really helped you leave a like let me know in the comments and I'll produce some more videos like this on markup that I take on the IP it has been your boy TJ much loving the support join up VIP over a hundred plus people using it there me on instagram if you need me TJ docker band and yeah I'll catch you in the next video