XAUUSD TRADING ANALYSIS

Gold hasn't really gotten to my poi still waiting till NY session, to see how price will react if it gets there I look for more sells if it doesn't I reassess the level again

I'm expecting it to create double bottom at the 4300-4315 current price region creating balance for buyers to drive for buys.

A break below that level then the next reaction level will be at 4282 price level.
But I'm quite positive it will create double bottom instead.

I'm expecting it to create double bottom at the 4300-4315 current price region creating balance for buyers to drive for buys.

Price should have triggered you by now, gold did something to me today

I'm expecting it to create double bottom at the 4300-4315 current price region creating balance for buyers to drive for buys.

The buys on Gold are valid. I'm watching out for the invalidation of the Flag pattern for the buy to continue. I'm in the buys too.
Entry: 4310
SL: 4352
TP: 4505

Gold has reacted from the 1hr demand level and reverse back on a bullish track , I will wait patiently for gold to react to my level but if price breaks above my level I will treat it as a potential reversal and wait for next price action

Gold has reacted from the 1hr demand level and reverse back on a bullish track , I will wait patiently for gold to react to my level but if price breaks above my level I will treat it as a potential reversal and wait for next price action

Until price takes out sell side, I'm neutral on Gold

Just decided to take a gold sells scalp, price is heavily bearish, scalping according to the overall trend bias

For a moment there was a pause in chart movement, the next second a long spike candle appeared that almost took out my SL, and I thought I had lost the first trade for the day, but I waited it reversed back to entry still holding

Price almost at tp and reversed again to entry am closing now and wait for a re-enter

Price was just testing my psychology but thankfully it delivered, almost taking to here, but reversed again

My entry to SL is 1:1RR because of the present price level, am just taking scalps today base on the current trend conditions

It's a good trade

Gold finally took out the 4271.154 level as anticipated, the sells has been going on since Monday, started as an accumulation, broke out and then continued downwards, I will wait for the retest of the resistance to take a trade