XAUUSD TRADING ANALYSIS

Let's see how it goes

On Gold, I'm expecting a pullback to the 4112-4100 price region, before the buy continuations

Don't bother gold is going up reacted perfect at my zone the rectangle

Below 4150 I am going short on gold on London session today, gold is looking bearish from the 15min timeframe, selling into a fair value gap at the 4hr timeframe, I expect that fair value gap to be a zone of reaction

Gold missed my entry and it's already selling, though a missed entry is better than a lost trade

Xauusd is bearish. Sells can start coming in

Sharp

I took a gold scalp at a reversal zone after my entry got missed and went out at an fvg level

Price didn't trigger, it failed my entry so I decided to go down to 1min and scalp some little pip

The buys, I see it as retracement to take out liquidity to continue the sells

It's a scalp i never said it was the dominant direction, I just decided to change my look that was why I abandoned 15min overview and went down to 1min to do my little scalp, got my little pips and closed, even in scalping, price can really mess with your psychology, because you can be scalping base on the trend or against the trend, so its not really easy but there is a technique i use especially gold, i want to see a fail reaction then a break opposite in a key level in that timeframe

I know it's not a dominant direction.

I'm just saying that price may use that buys to tap into an order block before continuing the sells

I understand you better, although my own view was sells to an fvg, which it has entered the rectangle, but want to see how newyork will also react to that level too @ 4132.900 if you look closely it's still below London lows, so once price gets there let's expect a reaction at that level a further break with strong momentum gives gold full downside but a sweep and a break above London high gives a trend continuation

Gold scalp close at TP @ 6.7k just for an early start

My scalp took profit just for the start, changing my bias towards the long term using my tp for the scalp as liquidity for the next gold trade

Nice win🏆

XAUUSD- waiting for the buys at 4100-4120 price region.

invalidated your rectangle, did it not?

Just wait for a reaction at the 4100 level before making an entry