CANX Gold (XAUUSD) $5 Psychological Levels

© CanxStixTrader

FOR GOLD ONLY
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This is a vary simple yet powerful indicator based on the psychological levels that retail traders use to trade gold and institutions in turn target these levels.
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HOW TO USE
Once the trend has been determined then this simple indicator can be used to target the pull backs for the sniper entries you want.

-TIP, pair with other indicators for optimal entries and trend identification. We recommend the 1 minute time frame for entries and a momentum indicator for extra confirmation.

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The indicator draws lines every 50 pips or $5 on the chart and is customizable to your preference.

Like always, Keep it simple!

© CanxStixTrader