XAUUSD TRADING ANALYSIS

After NFP last week, I marked out the fib retracement level, waited for price to get to the demand level then I entered a buy trade holding from last week to this week, and that was because

1. NFP came out bad for dollar which caused the gold rally

2. There was a turning point from the 15min demand zone later that Friday

The buys can never be enough for Gold, that pair is crazy with buys. NFP has made it go higher again

It actually dropped to demand as I expected, I waited for it to reach the 38.2 level before entering but surprisingly it dropped further, so I entered again when it tested the upper zone of the 23.6 I held on to both trades till today and closed this morning

Price has traded higher because of the news

That was very fast though. How is it going?

Gold sells is coming faster than expected

That buy was really not what i expected though

Alright then. Until then i remain neutral

I closed out that trade on Friday at BE, then entered after price got to 38.2 and later entered again after a drop to 23.6 upper region

I also expected sells but didn't come out that way so the buys still was okay, but I see sells on gold this week

So did you take the trade? Because price reversed quite well to demand

This is what the 1minute looks like

Hope you closed out oh

The marked area is where the buy started from

I had my BE secured so it was hit, and I re-entered again at 38.2 to 23.6 level

It been a while you all 🍾💚🥰