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Xauusd trade

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@asuquokelvin - 40 minutes ago
Quoted - godspowerdan

Gold has now tapped into the area I was watching and my buy setup is officially active.

The idea remains simple: demand holds, bullish structure continues, and price expands toward the liquidity resting above.

Now it’s time to let price do the work. 📈

Entry area: ~4401.56

Invalidation/SL: ~4381.16

First liquidity objective: ~4448

Extended TP shown: ~4510.98

Gold buy is not really good, if you are selling GBP against dollar then why buy gold against dollar? The correlation should go against dollar or In favour of dollar across

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@obinna - 23 minutes ago
Quoted - asuquokelvin

Gold buy is not really good, if you are selling GBP against dollar then why buy gold against dollar? The correlation should go against dollar or In favour of dollar across

Sell GBP to buy USD , then buy gold to sell USD; work done = 0 🤣

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@godspowerdan - 16 minutes ago
Quoted - asuquokelvin

Gold buy is not really good, if you are selling GBP against dollar then why buy gold against dollar? The correlation should go against dollar or In favour of dollar across

You're right though 🥲

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@godspowerdan - 15 minutes ago
Quoted - obinna

Sell GBP to buy USD , then buy gold to sell USD; work done = 0 🤣

It's now I'm reasoning this thing 😂

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@godspowerdan - 14 minutes ago
Quoted - asuquokelvin

I don't really have a direction on gold right now for day or swing trading, because gold structure is really not clear from the higher timeframe perspectives

I will set BE ASAP

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