XAUUSD TRADING ANALYSIS

My plan on gold:

After fomc I want to see gold wick that rectangle area, then reverse from there but a break above 4120.901 is an invalidation for a bearish bias

Yes that's the plan 💚

Yes that's the plan 💚

Yes that's the plan 💚

Also be prepared because it's two sided if it wicks we sell if it closes bullish we buy

I missed this gold buy, at that rectangle level I already marked it out that a close above that rectangle will be my confirmation to go higher it was a scalp setup though

That level you marked with a rectangle will only sponsor retracements because Gold is heavily bearish

I missed this gold buy, at that rectangle level I already marked it out that a close above that rectangle will be my confirmation to go higher it was a scalp setup though

That level you marked with a rectangle will only sponsor retracements because Gold is heavily bearish

My plan on gold:

After fomc I want to see gold wick that rectangle area, then reverse from there but a break above 4120.901 is an invalidation for a bearish bias

I missed this gold buy, at that rectangle level I already marked it out that a close above that rectangle will be my confirmation to go higher it was a scalp setup though

FOMC coming up soon. I won't be trading it, but will just be watching market reactions.

Although it's heavily bearish, it's beginning to imprint some bullish reversal patterns but the dollar strength is keeping it within that trading range., which allows for good buy scalps.

I scalped this gold buys yesterday. when i spotted this pattern. it played out.

FOMC coming up soon. I won't be trading it, but will just be watching market reactions.

It rugged self guess you're saved

That fomc minutes that was released yesterday was a deliberation that happened on the 16-17th of last month so market had already priced into it, so we look forward to future data, and price is in your entry now

That was the same level I traded a day before yesterday that I got 30k profit that was on the 7th not 8th

That was for yesterday. I have this bias on Gold today.