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XAUUSD TRADING ANALYSIS

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@nsg_usd - 2 hours ago
Quoted - asuquokelvin

Hope price didn't take you out before buying? Although am scalped a buy on gold now but will close soon

This was a good trade for a swing. Still good you took profit.

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@nsg_usd - 2 hours ago
Quoted - asuquokelvin

I don't really know when gold consolidation will end, gold is still consolidating even with the weak dollar

At least the consolidation is finally over, and we're confirmed bullish on gold today.

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

Gold trade still in profit based on the liquidity sweep strategy

On the 15min timeframe price entered a demand level

Built liquidity and swept, then broke above a key level and price entered a demand level in the 1min timeframe and then I entered the trade base on instant execution

Instant execution still gave you a clean entry, if it was pending order, you would have missed the buys.

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

I have removed the limit order, I am seeing a buy possibility, but I will wait for full confirmation

Instant execution was the best fit for this Gold buys.

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

Gold has missed my limit order, and it's selling to my tp level

Had thought you caught the sells

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

I am selling gold from the 5min timeframe with the following reasons

1. Gold has been consolidating and it is in the 1hr resistance level

2. Gold has swept liquidity of the previous 5min high

3. After the sweep has broken below a key level on the 5min timeframe

I want to see price trigger my sell order then trade downwards

This sell was a pullback and it's good you were swift in changing your scalp bias.

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

I don't really know when gold consolidation will end, gold is still consolidating even with the weak dollar

Consolidation phase often requires a lot of patience.

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