XAUUSD TRADING ANALYSIS

This was my blue box I marked out earlier that price was going to tap and reverse back , and it played out

Took a buy on gold, since I don't believe on price prediction for sure I believe on price reaction

Buy went sideways but didn't close it

Entered another position again when price dropped little down again because I was confident enough to see a buy coming, remember our blue box has not been touched

Price almost at my sl, let me ask as a trader with moderate trading psychology what will you do?

At this point a losing trade became a winning trade and price was in my favour already

Finally to got hit before the reversal from the blue box

WOW this is good, you have some balls to buy gold with the current mood in the market

🤣🤣🤣

I react to price I don't really believe on price prediction

The trade was a real test of psychology even when the first one wasn't working I added another one, because I know it will definitely work , because price moves in 3 dimensional ways, it accumulates, after which it manipulate but not regular,then expand, before a rebalance, so I know price was trying to rebalance again so I bought

My sell at the box worked out, but I don't like prediction, yes although it's precise but I love reaction that's how price works, I wasn't on gold chart if not would have sold, because I got all confirmations but that will be another time good for the day

Gold currently accumulating at that level a break below that blue line gives a signal to go short on 5min timeframe and, after the pull back into the red line and re rejection sell to the next 1 hr lows

Gold currently around 4152 looking out for a sell base on my outlook

There is a fair value gap just at that point waiting for price to tap into my sell entry

Gold currently at 4150 will price trigger at 4160 100 pipe difference

I don't see price selling for gold at the moment from that level

Will love to scalp gold buy as direction is not really clear

On the gold scalp right now, price is going my direction

Although won't really hold for long because it's against the trend

My trade in profit still going