XAUUSD TRADING ANALYSIS

TODAY GOLD PREDICTION

If gold breaks above 4110 price would definitely reach 4140 then look out for continued bullish trend to 4190

Let the pips be on our side today ✅✅. Amen

RED NEW FOR AUSTRALIA 🛑🛑

Nah my Dream country get CPI today oooo

But the News has already dropped. What do you expect from Australia (Sydney session) it's midnight stuffs for us in this part of the world.

Regardless, trust your analysis as they won't be further red or orange news for the day. Except and unexpected decision by the US-IRAN. We pray such does not happen today. Good luck traders

EASY TO SAY BUT DIFFICULT TO PRACTICE

After losing a trade, the worst thing you can do is immediately re-enter the market.

You're 100% aiming to Revenge

You're trying to win back what you lost.

That's how a 1% loss turns into a 5% loss in one session.

Here's the rule:

✅️ Lose a trade.

✅️ Scan for another opportunity (following your trading plan)

✅️ Close the charts if there are no opportunities.

✅️ Come back tomorrow with a clear head.

Your next trade should have nothing to do with your last one.💯🔥💸

Also kill the feeling of wanting to take trades every time because you'll always be tempted to see what your not meant to trade

This is my eurusd setup longs on break of 1.13511 with strong momentum, that 1.13511 is my Asia low level, it's a scalp trade my target is at the asia high @1.13819 invalidation is below the last created low

There's no red folder news today it's tomorrow so on that we can still follow the normal market structure plan, marked a point of interest for price reaction on gold expecting a reaction from 4123 to 4137 to trade

My gold analysis based on breakout and retest, marked out the 4hr order block, price went down to 4035 level retesting the 4123 to 4137 level a strong rejection from that level I will sell the nearest lows but a strong break above 4137 is invalidation for me

Oh, okay

That's nice

Why I said that was that things can happen out of the blue. It may not be a predicted announcement but may be one that when it suddenly comes out, can impact on the market really bad.

Except for red fundamentals like this and you also read it clearly to know which pair it may impact immediately like may be gold I was expecting to sell but maybe the news headline showing the red folder was now giving a different market reaction instead of gold selling it started buying breaking above levels and there is no red folder news then the red folder fundamentals here like I have shown can be the driver at that moment so except that I don't think anything can just affect the market move

Gold scalp base on breakout and retest price on the 1min timeframe is showing a momentum to break above 4061.833 a break the level I will look for buys with my invalidation at 4053

Gold trade @ 4058 almost at tp

Gold trade @ 4058 just hit tp, it was a good scalp

The analysis is good but what of the invalidation level what if price doesn't go the way you planned what will be the next take, although the gold trade idea I had was to sell gold at a 4hr order block level @4123 to 4137 with an invalidation of a strong bullish break above 4137 but looking at price reaction at the 1min timeframe I decided to scalp from 4058 to 4065 with my SL @4054 so you should have a plan B or invalidation level

Okay

Gold didn't meet my criteria to sell at the 4123 to 4137 level and currently at 4010

I told you that the ustech will accumulate at this zone before expanding 29448 and 29802 level

Ustech is under what? Indices?

Yes it's under indices