XAUUSD TRADING ANALYSIS - Page 102

@asuquokelvin - 3 hours ago

That's good

Yeah, but the scalp is fast confirmation and invalidation if not you can pick a loss because not really following the overall trend

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@asuquokelvin - 3 hours ago

Quoted - nsg_usd

How's it going?
Price is confined within a supply zone. if it breaks below the proximal line of the supply zone, then the sells will kick in. For now, I'll just seat on my hands.

Fine at least I finished the scalping session with good profits of $400

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@asuquokelvin - 3 hours ago

Quoted - godspowerdan

That's good

Thanks manh scalping gold requires a lot of skills if not the loss can be massive

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@asuquokelvin - 3 hours ago

Quoted - godspowerdan

How did it go

Fine closed with $400 total in profit

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@asuquokelvin - 3 hours ago

Quoted - godspowerdan

You're buying

Yeah base on what I see, it's actually scalping, you trade what you see at the moment, am using 1min timeframe

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@nsg_usd - 54 minutes ago

Quoted - asuquokelvin

Took my second buy base on the early analysis , after spotting the bullish engulfing I marked out but before I could go back price had already passed my target entry of 4128.50

(Gold has broken above the 4127.65 resistance region, rallied towards 4133, and is now testing the breakout area. I'm watching for bullish rejection and continuation.

Entry: 4128.50 (after confirmation)

Invalidation: 4126.50

Target: 4132.50–4134.00

A sustained move below the retest zone would invalidate the bullish setup.)

And it failed I closed out in loss

The day is not over yet. You can still recover the loss.

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@godspowerdan - 26 minutes ago

Quoted - asuquokelvin

Fine closed with $400 total in profit

That's good