XAUUSD TRADING ANALYSIS

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

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

Confidence built from a tested strategy and consistent execution naturally improves patience. When you trust your edge, you're less tempted to chase average low setups and more willing to wait for high-probability trades that align with your plan.

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

I think price will give you the buys you expect

Price is only aiming at liquidity, to sweep below London lows then start buying, it has reacted at my rectangle level

Quoted - asuquokelvin

Price is only aiming at liquidity, to sweep below London lows then start buying, it has reacted at my rectangle level

but what is the rationale behind this trade, there is no explanation as to how you entered etc. Its hard to join a conversation when one does not understand what's going on

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@asuquokelvin - 2 months ago
Quoted - kemi_allen_omevia

but what is the rationale behind this trade, there is no explanation as to how you entered etc. Its hard to join a conversation when one does not understand what's going on

The trade rationale is based on liquidity sweep and revert, price swept the Asia lows as seen then gave a break to the upside, I entered after the break

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

I can't see your sl though

My SL is very far sorry didn't capture it, I have even been invalidated

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

Yeah it has tagged you

The buys is actually a shortterm buy

I have been invalidated already, I will wait for another confirmation for sells

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

Ooh okay

Hope you didn't take a loss

I closes in BE, waiting for more confirmation after 4pm

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

I never trusted that Gold

I won't trade it again until 5pm I want to confirm the bias I was almost used as liquidity today

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

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

How did this go? The sells scenario played out instead. i've had this pattern play mapped out earlier this week, which was the clause for the buys i was expecting. The buys played out short term, before finally yielding to this bearish pattern.

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@nsg_usd - 2 months ago
Quoted - israeljasspu

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

Yeah. the US-Iran Conflict is really having a heavy toll on Gold. The Sells pressure is just something else. XAUUSD is back at 3970 price region.

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

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

Gold didn't break above the resistance, but still respects the Bearish channel, I'll wait for invalidation of the channel to look out for buys, or invalidation of the major support, to look out for short opportunities.

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