XAUUSD TRADING ANALYSIS

Selling gold from 4186 with my SL at 4201

My tp at 4156

Still waiting for price to trigger my entry at 4186

Entered my first sell at 4181 holding with same SL at 4201 won't remove my previous entry at 4186 that will be my second entry

Gold selling off from my level 4181 and 4186 both having SL @ 4201 holding in good profits untill good yield

I marked out my trade plan yesterday on gold to sweep the 4220 level break below and retest from 4171 to 4219 level

After watching price at the 15min timeframe from 9am London session, price swept above the previous 5am Asia session level at 4207 and was still moving towards my 4220 level

Price during London later fell to 4183 and didn't reach the 4220 level ,but saw a reversal from 4183 moving to 4200

Price started reversing from 4211 without sweeping the 4220 level as anticipated and was now reversing downwards during the pre newyork session

From the 4211 level price came down to the 4189 level forming a heads and shoulder pattern without breaking the last shoulder but swept below the 4189 level and closed a little above it without a full break

After price wicked the 4171 level still went bearish again heading towards 4171 level

After that I decided to place a sell at 4186 because price won't go back to the 4220 level for a validation and my SL level was at 4201 level for invalidation if price changes direction

At this point price didn't trigger my first entry at 4186 level

I made an entry @ 4182 level and price with same SL at 4201 price level

Price triggered my first entry at 4186, and I had two positions at 4186 and 4182 with SL at 4201 level, price gave a little draw down and was now totally in my direction

Already on good profits from the 4186 and 4182 level and price was at 4178 level and I was on massive profit

At this point I closed my first trade in a little loss because my account couldn't hold and want to hold one position for the gold and the position @ 4182 was in massive profit

Price was now at 4116 from 4182 that was a 700 pips Move already at 90k

Price dropped down further to 4115 but my tp level was at 4100 which is clear on the image , I was looking at a 800 pip movement from the 4182 to 4100 level for my take profit

Finally to got hit at 4100 level after price dropped from 4115 level giving me a total of 820 pips movement from 4182 level to 4100 level