XAUUSD TRADING ANALYSIS

XAUUSD is currently trading above the new week open, marked out the Asia high and lows and also marked the weekly open low and high, this will serve as my confluence to go long or short on gold, a break above Asia range looks for sells when there is a trend change but a break above and a continuation I look for longs on pull back.

but there are a lot of lines on your chart how do we know which one marks the asian session and which one marks the weekly high etc.

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@asuquokelvin - 10 hours ago
Quoted - kemi_allen_omevia

but there are a lot of lines on your chart how do we know which one marks the asian session and which one marks the weekly high etc.

The vertical redline is my Asia open, the horizontal redline is my Asia high and low, while the grey vertical line is my weekly open line and the grey horizontal line is my Sunday open high and low

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@asuquokelvin - 9 hours ago
Quoted - jay_malema

Then you should write the names on each line so people know instead of leaving room for people to guess

Thanks for the corrections but from the reply you should know the Asia, weekly open, Sunday high and low already

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@asuquokelvin - 5 hours ago

Trading gold soon

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@orokpo1 - 4 hours ago

Trading gold offers capital efficiency, high liquidity, and powerful package. Because it is a global safe-haven asset, good traders prefer to trade gold, it retains intrinsic value and acts as an effective hedge against inflation and currency depreciation.

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@asuquokelvin - 2 hours ago

Just taking a short sell on gold

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@asuquokelvin - 2 hours ago

Gold sell already moving to to wow

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@yokoyi - 1 hour ago
Quoted - asuquokelvin

Trade closed at profit

wow nice one how much was your stop loss on this trade?

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