XAUUSD TRADING ANALYSIS

Let's see how price will behave next week

Price made a jump I want to trade at that gap level

I had similar sells on Gold today but price took me out

That was smart

Because price took later took me out on sl today

Ranging market best we see dovish statement from fed

My bias remains bearish, i'm expecting price to tap into that rectangle then sell from there

I use forex.com to analyze because i don't usually trust those gaps

That was because you held for long it was just a scalp for me and I went out immediately price reacted at the yellow box

You held for long that was why remember the trend was bullish not bearish Okay, so I closed immediately price showed a bullish reaction at that yellow box

That is your idea and my idea is price breaking above 4158.632 to continue my buys on pullbacks

Those gaps are the true fair value gaps , and the 4074.049 is the consequent encroachment level of the gap, even if price makes a pullback it will definitely tag that price level before continuing

I'm not good at scalping that's why

i'll be on the watch out for Gold

I'm not feeling Gold today😁

Learn bro it helps on gold especially

Gold will definitely react from that new week opening gap before buying more

Gold will definitely react from that new week opening gap before buying more

The market is not ranging, gold has started a bullish trend, it's clear from the daily timeframe, started printing protective lows

Gold will definitely react from that new week opening gap before buying more