XAUUSD TRADING ANALYSIS

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@asuquokelvin - 4 hours ago
Quoted - godspowerdan

I'm still neutral on Gold

I don't get what it's doing for now, so I'll just watch

Go and buy gold o, oil is weak because of too much oil in the market, dollar and oil is weak, but dollar is still fundamentally strong that is why it's outweighing every other pair

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@asuquokelvin - 3 hours ago
Quoted - godspowerdan

I'll look out for buys then

Wait a little watch that box I just marked carefully till 5pm open if price fails to react on the top and reject then don't trade allow it

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@israeljasspu - 3 hours ago

If we dump 4040 by tomorrow fed will pump the market I feel newe will come dovish

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@asuquokelvin - 3 hours ago
Quoted - israeljasspu

Nice trade gee 👌

The gold trade actually did a good psychology test but I know my setup that it doesn't fail except fundamentals are not in line with it

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@asuquokelvin - 3 hours ago
Quoted - israeljasspu

Watching this

Just wait till 5pm open then you trade i drew a box for reactions, I don't use indicators I just use pd-array and get my reaction levels, I just explained in my previous post that there should be a reaction and rejection of price for a full continuation of trend

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@asuquokelvin - 3 hours ago
Quoted - godspowerdan

If that marked box gets invalidated, it will continue bearish

That's the point now you get it because there's an fvg there and if violated then price will continue lower but I don't think it will because other like pairs are surging seriously

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@asuquokelvin - 3 hours ago
Quoted - godspowerdan

From this chart it looks bearish to me

Then do correlation analysis, is EU going up? Is Gu going up , check GLL index is it falling, then you will know

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@asuquokelvin - 1 hour ago
Quoted - godspowerdan

Price is still at the fvg. I'll still wait for more reactions

Just stay out gold shows a sell signal and has a high probability than even buying

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