XAUUSD TRADING ANALYSIS

I sold gold it wasn't a scalp anymore I held till tp

Gold really played with my psychology, you know trading is a battle you go in with your army and you try all your best never to loss more than a specific number of them once that happens you retreat but today I was victorious I even acquired more armies 🤣🤣, I took profit guy

I can see tp hit already

This is what i have on Gold

Gold been tripping since this week

Yeah. but the sells are tricky cause bulls are building momentum but the trend is already heavily saturated with sells. Once the Upper boundaries of this bearish trendline is invalidated, the buys will get strong.

The war won't allow it if we lose those levels 3900

Price didn't actually reach that level, I don't know but the war I think is still affecting gold because EU, Gu are buying I understand that it's from the fundamental basis but gold has refused to buy

Hitting TP validates the trade idea and Consistent execution like that is what builds long-term confidence in a strategy.

That's why I'm still neutral on Gold, it hasn't given a clear direction and also it's not even tagging entries

Staying neutral is the right approach in conditions like this. When Gold is ranging without a clear directional bias and isn't respecting planned entry levels, patience becomes an edge. I will rather wait for a clean break with momentum or a quality retracement into my setup.

True

The more tp you hit, the more confidence you have

And it helps your trading psychology and increases your patience such that if you don't see your setup rules all complete to 100% you won't take the trade because you believe that if you keep to all the rules there is a high probability of winning so it really helps a lot to keep you as a trader patient especially knowing you hit tp 95% of the time

This is my take for gold today, the line is strong support a break below it gives more downside but a hold above it gives more upside

This is my analysis on gold if it breaks up I buy if it breaks below I sell

Key word: Patience is an edge

Because forcing setups now will just lead to losses

Exactly 💯

No other truer words than these. The more your confidence level the more your patience increase so as to catch only the best setups

I think price will give you the buys you expect

God but going well

That's just the truths trade only on confirm setup through patience