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XAUUSD TRADING ANALYSIS

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@asuquokelvin - 1 day ago

Just closed my gold trade in profit made 5k but after the commission fees I was left with 4.1k$ after losing 800$ the aim is to protect the capital and keep it above the starting amount

@promisefx @israeljasspu @godspowerdan @nsg_usd
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@nsg_usd - 1 day ago
Quoted - asuquokelvin

Just closed my gold trade in profit made 5k but after the commission fees I was left with 4.1k$ after losing 800$ the aim is to protect the capital and keep it above the starting amount

This is good.
XAUUSD has created an intraday bullish channel, I'm expecting it to continue the buys today.
My Entry zone is 4186, and my SL is 4160

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@asuquokelvin - 1 day ago
Quoted - nsg_usd

This is good.
XAUUSD has created an intraday bullish channel, I'm expecting it to continue the buys today.
My Entry zone is 4186, and my SL is 4160

I have learnt serious lessons with gold even if you are scalping it should be in line with the overall bias

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@godspowerdan - 1 day ago
Quoted - asuquokelvin

I am scalping gold sells on 1min, price is dropping to the 15min order block, on the 1min it made a double top and has broken the neck so I had to enter on pullbacks, with precise SL and tp

i sold gold too this morning exactly this same trade but i was stopped out

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@asuquokelvin - 1 day ago
Quoted - godspowerdan

i sold gold too this morning exactly this same trade but i was stopped out

Which means we had same view but luckily I entered another buys which eventually covered for the loss and I made 4k almost passing my free trial account

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@asuquokelvin - 1 day ago
Quoted - asuquokelvin

Which means we had same view but luckily I entered another buys which eventually covered for the loss and I made 4k almost passing my free trial account

Taking gold buy because gold is reacting from a key structure level, that is the 30 min bullish order block level

@godspowerdan @nsg_usd
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@asuquokelvin - 1 day ago
Quoted - asuquokelvin

Taking gold buy because gold is reacting from a key structure level, that is the 30 min bullish order block level

Gold didn't return to my entry at all if it gets to my tp I will delete the limit order

@nsg_usd
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@asuquokelvin - 1 day ago
Quoted - asuquokelvin

Gold didn't return to my entry at all if it gets to my tp I will delete the limit order

Gold is very close to my tp, I will delete my entry now

@godspowerdan @nsg_usd
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@godspowerdan - 1 day ago
Quoted - asuquokelvin

Gold is very close to my tp, I will delete my entry now

Yours didn't trigger

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@godspowerdan - 1 day ago
Quoted - asuquokelvin

Taking gold buy because gold is reacting from a key structure level, that is the 30 min bullish order block level

That's good

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@asuquokelvin - 1 day ago
Quoted - godspowerdan

Yours didn't trigger

Yes it didn't and price spiked immediately after some time

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@nsg_usd - 15 hours ago
Quoted - asuquokelvin

Gold is very close to my tp, I will delete my entry now

XAUUSD begins the new month with buys after rebounding from the 4142 price level.
I'm positioned for buys
Entry: 4156
SL: 4099

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@nsg_usd - 15 hours ago
Quoted - asuquokelvin

Gold didn't return to my entry at all if it gets to my tp I will delete the limit order

Gold presents fresh Long opportunities this month, after an almost unending free fall.
I'm expecting it to recover back to at least 4252.
I'm positioned for Buys
Entry: 4152
SL: 4099

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@asuquokelvin - 15 hours ago
Quoted - nsg_usd

Gold presents fresh Long opportunities this month, after an almost unending free fall.
I'm expecting it to recover back to at least 4252.
I'm positioned for Buys
Entry: 4152
SL: 4099

I took gold sells this morning, made some losses and also recovered and made 22$ after commission

@nsg_usd
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@asuquokelvin - 15 hours ago
Quoted - nsg_usd

XAUUSD begins the new month with buys after rebounding from the 4142 price level.
I'm positioned for buys
Entry: 4156
SL: 4099

Price is reversing from the upper channel of the bullish trend, to test the demand before resuming the buys

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@nsg_usd - 15 hours ago
Quoted - asuquokelvin

Taking gold buy because gold is reacting from a key structure level, that is the 30 min bullish order block level

I'm expecting Gold to react from the 4171-price level for buy entries and continue the rally to break above yesterday's high at 4,220. A break below 4161 invalidates the setup.

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@asuquokelvin - 15 hours ago
Quoted - nsg_usd

I'm expecting Gold to react from the 4171-price level for buy entries and continue the rally to break above yesterday's high at 4,220. A break below 4161 invalidates the setup.

For me I think gold should recover above 4208.37 level for that pullback to be valid

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@asuquokelvin - 14 hours ago
Quoted - nsg_usd

XAUUSD begins the new month with buys after rebounding from the 4142 price level.
I'm positioned for buys
Entry: 4156
SL: 4099

It's a begining of a new month, and gold has remain bullish since this week, and also gold is in a valid weekly support level, maybe the buys will be more effective from next week

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@asuquokelvin - 14 hours ago

Gold is actually trading close to the support level, I want to see the reaction if gold will reverse or if it will break below

@marvelous_treasure @godspowerdan @nsg_usd
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@godspowerdan - 14 hours ago
Quoted - asuquokelvin

Gold is actually trading close to the support level, I want to see the reaction if gold will reverse or if it will break below

It will likely break below that

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