XAUUSD TRADING ANALYSIS

This is cool

Profiting is best

I took this trade same yesterday I really did bad I was supposed to close in 38k profit , because I stacked up trades, but later closed in 10k because I knew gold was selling already, and if I didn't close that would have been my doom

At least you closed out in profit

Looking at gold critically with a different view, gold may buy up sincerely, but that confirmation can only come by 5pm that's when good price delivery occurs

Still nothing on Gold yet

Gold is very tricky still trying to figure out where the liquidity is, I am looking at the retest of 3970 , a reaction there would be more significant

Allow it print liquidity on it's own if not you'll be used as liquidity

Scalping gold retracement already, price is going down to fill up some imbalance

I'll keep an eye on it. I hope price could sell a bit so it can induce that high then sell properly

My scalp finally closed in profit 7k

Can't believe Gold upward rally, Kevin warsh speech is really giving much uncertainty and it's pressuring the dollar and easing the gold and stock

Gold is bearish on the higher timeframe, any buy should be short term

Good man that a win

So if there no rate hike what exactly is warsh goner say why is surge on xau 🙂

I failed this buys ooh God

Remember that risk management and trade management matters a lot

Remember that risk management and trade management matters a lot

For me the surge on gold could be that he hasn't been specific or said anything about rate hike again and is talking on been data dependent and now no safe heaven investors are leaving dollar to gold and stock because stock is reversing and I have placed a sell order in usdcad if it gets to 4pm and the confirmation level is still active a close below the London lows I will short usdcad because cad news came out good today so Canadian dollar is getting stronger against us dollar

If gold breaks above that intermediate high then we shall see more upside on gold

Absolutely. Good risk management protects the account, but trade management determines how well you capitalize on valid setups. Both are essential for long-term consistency.