XAUUSD TRADING ANALYSIS

@godspowerdan - 3 months ago

My scalp finally closed in profit 7k

That's clean. More profits

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@blessedog - 3 months ago

I hope to be in profits too

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@asuquokelvin - 3 months ago

Quoted - godspowerdan

That's clean. More profits

Waiting for gold close above 4096, then I will decide on buying or sell

@godspowerdan

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@jay_malema - 3 months ago

Waiting for gold close above 4096, then I will decide on buying or sell

Liquidity in thr market has dropped for buying gold

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@asuquokelvin - 3 months ago

Quoted - jay_malema

Liquidity in thr market has dropped for buying gold

If there is no liquidity and price doesn't break I will only sell if it goes below 3970 but a break above 4096 I will look for all buys

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@godspowerdan - 3 months ago

Waiting for gold close above 4096, then I will decide on buying or sell

Gold is bullish Sha

I'll be looking out for buys

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@asuquokelvin - 3 months ago

Quoted - godspowerdan

Gold is bullish Sha

I'll be looking out for buys

I will only consider after a break above 4096

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@je_rry - 3 months ago

Hi everyone! Excited to join the trading community

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@nsg_usd - 3 months ago

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

Did you catch the gold buys today?

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@nsg_usd - 3 months ago

Quoted - godspowerdan

Gold is bullish Sha

I'll be looking out for buys

Yeah. But a break above the 4120 price region would be more confident for the buys. I'll still be waiting for it at that 4000 price region as well.

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@godspowerdan - 3 months ago

I will only consider after a break above 4096

I haven't seen any setup yet but my bias is certain

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@israeljasspu - 3 months ago

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

We'll it just for next fomc is chance is up 50%

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@israeljasspu - 3 months ago

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

Yes that a clear change of trend often push higher I dropped weekly swing not long ago

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@asuquokelvin - 3 months ago

Quoted - nsg_usd

Did you catch the gold buys today?

I didn't trade gold yesterday, looking out for my validation and invalidation levels closely a bullish close above 4096 I will buy but a close below 3970 I look for sells that is just my plan for today

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@asuquokelvin - 3 months ago

Quoted - israeljasspu

We'll it just for next fomc is chance is up 50%

I will also wait for NFP I want to get the job data straight so I can make a decision, my levels for gold is still very active the 4096 and 3970

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@godspowerdan - 3 months ago

Quoted - nsg_usd

Yeah. But a break above the 4120 price region would be more confident for the buys. I'll still be waiting for it at that 4000 price region as well.

Still nothing on Gold yet

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@asuquokelvin - 3 months ago

Quoted - israeljasspu

Yes that a clear change of trend often push higher I dropped weekly swing not long ago

Clearing the weekly swing@3962 strengthens the bullish case, but I'd still want buyers to defend the next pullback, then take price above 4096. Losing that structure would invalidate the continuation idea.

@israeljasspu @godspowerdan @lordjmx

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@kingcode - 3 months ago

I am expecting a bearish movement to clear out the downward slope. Which will be followed by a bullish movement.

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@godspowerdan - 3 months ago

Clearing the weekly swing@3962 strengthens the bullish case, but I'd still want buyers to defend the next pullback, then take price above 4096. Losing that structure would invalidate the continuation idea.

I'm rooting for buyers on Gold, but I need a clear setup so I can engage

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