XAUUSD TRADING ANALYSIS

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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 - 1 month 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 - 1 month 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 - 1 month ago

Trading gold soon

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@orokpo1 - 1 month 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 - 1 month ago

Just taking a short sell on gold

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@asuquokelvin - 1 month ago

Gold sell already moving to to wow

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@yokoyi - 1 month ago
Quoted - asuquokelvin

Trade closed at profit

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

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@asuquokelvin - 1 month ago

Gold has been bullish since yesterday due to Iran and us peace talk, trading gold today with the idea of selling gold after a drop into our Asia box (the blue horizontal lines marking the Asia high and low and the blue vertical line marking, the day open and the redline marked the London open), but if price continues up at London I will buy to the upside

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@asuquokelvin - 1 month ago
Quoted - asuquokelvin

Selling gold right now

Done with gold just took that little sell and hit tp

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@asuquokelvin - 1 month ago

Gold is ranging at ranging at this level, looking out for liquidity sweep during the new york session before buying or selling.Marked out my day open (vertical red line), my asian high and lows (horizontal red lines), waiting for price to sweep liquidity after london to buy or sell gold

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@asuquokelvin - 1 month ago
Quoted - asuquokelvin

Currently on gold sell for the day

Just entered, after the liquidity sweep, holding to the next draw on liquidity

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