XAUUSD TRADING ANALYSIS

Actually a scalper and uses trailing stoploss.

Gold has held up some bullish strength last week, but I'd still be cautious about calling it done. If I'm looking for another long, I'd only consider it after a pullback into a key demand zone with bullish confirmation. If price starts closing below the 4003 level the bullish idea is invalidated and I'd rather stay flat than chase the move. Capital preservation is part of the edge.

Gold may be selling today. It has printed a money transfer

Gold is still respecting its bullish structure. As long as buyers defend the recent higher low, I remain bullish. A break below that level invalidates the setup for me.

Nice one. Your trailing stop locks in profits while letting the trend develop. That's a disciplined way to scalp strong momentum.

My outlook for gold today is still pending confirmation above 4065 but below 4003 sell

Honestly on a long run am yet to decide were gold is going

Check the image I circled something tell me if that's the money transfer

On the higher timeframe yes gold is very much bearish from the daily the break above 4338 will be a trend change but for now gold is still heavily bearish, just buying the correction on the lower tier

Gold tested the 4023, I will be waiting for a retest and rejection of that zone (4023 to 4005) to go long on gold but a break below that level is a bearish adjustment for me

This is what I have on Gold

It's a good one but I have marked 4023 to 4005 , I am waiting for 4:59pm to make a decision

The place marked x is where the money transfer occured. It has swept liquidity and broken structure to the downside

Let's see how it goes

I'm still waiting for price to get to my entry then sell from there

Okay, thanks for the clarification

Gold still reversing down want to see it react from my box below 4023 then break out of the box before 5pm then I will buy but if by 5pm it breaks below my box change of plan sells all the way

Yeah anytime

I'll still watching it sha