XAUUSD TRADING ANALYSIS

Want to take a little gold scalp... Waiting for price to tap into the box then I will sell @ 4116

SL @ 4117

Price is still accumulating, waiting to see if it will get to our poi

Price missed out poi at 4116 and that feels frustrating as this is the frustration most of the traders face and they make wrong decisions because of price not getting to their poi

I entered this trade even without price getting to my poi

Price was heading towards my poi, when I caught an invalidation of the bulls by that bearish candle I circled so it was my confirmation and trigger to go short....so instead of trading from 4116 I decided to trade from 4111.58 to 4111.00

I executed instantly and held the two positions first position at 4111.00 and second at 4111.58, the chart image shows the trade history, I target 50 pips

Morning session concluded I made a profit of +$300 scaling up my capital , I will look for further opportunities during NY session closed for this session, won't be trading London

Price returned back to the supply zone that it sold from last week to close the week. still expecting it to come down and I've not deleted my buy limit.
Entry: 3961
SL: 3862

Very good start.
Price missed out my limit order to go long.
I'll just wait and see if it will still return to trigger it.
Entry: 3961
SL: 3862

Gold is currently reacting at 4091 I will skip London and trade newyork

Wow that really good...

Traded same pair and made profit also

Making the profit is good and also protecting the profit is very necessary, still waiting for NY session for another gold trade

This is good

Yeah... Was just analysing NY session but I missed the bullish move so won't bother taking gold trade again ....I will rest for the day don't want to overtrade since i have missed the bullish rally i will just keep the Asia and London profit

Yeah that's true. Avoid over trading