XAUUSD TRADING ANALYSIS

for the past 4hrs, GOLD has been unable to break above the 4135 price region, we'll likely witness it close below that level today. It's best you manage your buys.

My Daily Bias on XAUUSD- played out as expected. Pattern imprint completed, will watch out for next price action on Gold.

This was that my gold trade yesterday

Clean buys

Gold just has clean price action even in the 1m timeframe

That's a good decision because market may want to respect that zone that your tp is at

I held up to this level, after adding another buy that yesterday

Closed it at, and price reversed immediately after

I was really lucky after closing price reversed this morning

I got out of the buys since yesterday only to come this morning to see a serious sell downwards but I know it will buy during NY session

Yeah. I'm expecting Gold buys from 4095 price region, back to that 4135 price region. A break above that 4135 price with a good momentum bullish candle will confirm Strength of buyers to continue the rally next week.

I shorted this morning

I guess was fomc that made it Messed up

Still holding my short after this am done this week

I always use 1min to refine what ever I am doing on gold, because 1min tell a lot of stories, like the trade I took I was in a loss, but when I checked the 1min there was a change of direction to the previous highs, if you look closely there was 2 entries the first was in a loss when I caught the 1min direction had to add another

You should have hit tp by now

All we need is just one bad fundamentals, base on inflation for the dollar and you will see that the trends won't struggle anymore

Gold has been selling since early hours but I am looking forward for a reversal by NY session

That was a good close of trade. The main direction of bearish and catching the buys was just temporal

Price was due to reverse because the direction originally was bearish

That's my bias for gold because there's a fair value gap , so a reaction above the rectangle is a bullish signal for me and a reaction below the rectangle is a bearish signal to go short