XAUUSD TRADING ANALYSIS

15 mins channel invalidated, internal timeframe channel still intact. I'll expect a retest of that 15mins trendline.

With how Gold is unable to break below this support, it can start with aggressive buys next week.

Didn't even take the sell again because before I could check back it had already gone far , trading at the rectangle box

Price only pushed up to my reaction box today is Friday price will close to open next week so I won't make any move on gold rather hold my BTC in profit

CPI was really helpful here, unfortunately for me price didn't get to my entry.

i couldn't catch the buys either because that wasn't my setup

My interest, is in price breaking that long sustaining Bearish channel. Let's see if the newly formed 4hr flag pattern has the strength to invalidate it.

We just excessive patience till next week

Gold is still struggling inside the box so untill that box gets invalidated I wouldn't buy gold, and also considering the war escalation

These where the frustrations I encountered trading this style, but you're good with it. For me It used to stress me out. This is where Trendlines came in to prove really effective for me, using it as a confluence is way better than just trading it as a standalone strategy.

It helps me filter entries when I used to have challenges figuring out which supply or demand zones price will use as entry, for my trade setups.
But what you're doing is working well for you, so you'll still find better setups.

Setups like this Gold chart is the type that often keeps SMC traders waiting for the Fair Value Gap to get filled up, but with this trend support I can see reasons why it won't push down further at the moment to fill up the gap. Maybe Later, but not immediately.

Same view they have to breakout first

Gold is currently showing some bearish reactions inside my box, waiting for a total IRL sweep, then I will start looking for sells no sweep or break no validation

I caught this on Gold today

Price is still very bearish

Gold is just misbehaving, i can't really trade it now because there is no liquidity sweep above those internal structures above 4038.931, then I will confirm the sells is sure but for now I don't want to be the liquidity

Gold is currently showing some bearish reactions inside my box, waiting for a total IRL sweep, then I will start looking for sells no sweep or break no validation

True though

You know there's no holy grail strategy in trading

I am waiting for gold to sweep above 4038.931 so I can confirm internal liquidity taken before I sell

Gold is just misbehaving, i can't really trade it now because there is no liquidity sweep above those internal structures above 4038.931, then I will confirm the sells is sure but for now I don't want to be the liquidity

Yeah. That's true. Most of the strategy we use as traders, are in line with our personalities and emotional discipline. That's why what works for one person, may not work for another person. And we can use different strategies and still be seeing the same bias.

No strategy is superior. It's the Traders mode of application and experience using it over time, that makes it standout to the trader than other trading strategies.

Gold is indecisive at the moment, that's why it's best to wait it out.