XAUUSD TRADING ANALYSIS

Yeah true

That's why the fibonacci tool is very helpful

It helps a lot guides you not to buy at a supply level or sell at demand level of a trend

Gold got close to the 38.2 fib retracement level, is it yet time to buy or we should still wait? Please share your opinion

I will be waiting for the buy reaction on gold close to or at 38.2 level to continue the buy upward

Price is trading below the Asia lows from the 4hrs timeframe and I want to see London close inside Asia range before pre NY open, as that will serve as a part of confirmation for me to go long

Price has just missed one part of my confirmation, which is closing inside the Asia range

Base on the fact that my first setup rule has been invalidated I will wait till 5pm and see how price well react to that level then I will buy or sell base on the reaction

Gold, even in the lower timeframe has not shown any sign of an external break of structure or an engineering liquidity but rather it is showing sidelines liquidity which can not be a high probability setup

Price has touched 38.2 level but it's not showing a rejection sign, I will wait till 5pm to see how price will react to that 38.2 level

XAUUSD- Was expecting my reaction at around 0-23 on your fib. If the 4hr closes bullish at this zone that confluences the new trend support formed, then the buys will be set for me.

XAUUSD- I love to see my confluences on Intraday or HTF before switching to LTF for additional confirmations. I'm expecting the Buys to fully set up in Asian or Frankfurt session tomorrow.

I'm seeing an Imprint of my pattern on 4hr and waiting for it to fully form before executions. I also have my expectations on 1hr, which has not yet confirmed, so for me the setup is not ripe for the buys as well.

XAUUSD- expected it to pull down to the 4024-4040 price region which is around your 0-23 fib level, and it did. Will expect tomorrow to close bullish at the Price level to confirm It will rally strongly next week.

XAUUSD- tomorrow is when the buys will fully be ready for now I'm still watching it.

XAUUSD- Price can rally strongly in Tomorrow's Asian session from 2am. For now, volume will be low, as the day will start prepping for a market close by 10pm nigerian time.

Gold is below 38.2 and is at 23.6 level presently, the fib tool helps you to know if a pullback level will hold or not

Gold will likely close around that price level today. still observing it.

Yeah and also it helps to identify your recent structure, that way you are not lost in whatever price is doing

I will wait for price to start protecting the lows so i can confirm the buys

Price should have swept it by now

I'm looking for sells not buys