XAUUSD TRADING ANALYSIS

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@asuquokelvin - 2 days ago

Gold is bearish heading towards the daily demand, I will wait for price to retest the box level before I take a trade

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@asuquokelvin - 2 days ago

Trading gold sells...

Trade idea, gold traded to a 1 min supply level and gave an inverse fvg so I decided to trade from that zone targeting the lows

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@asuquokelvin - 2 days ago

Price didn't get to my box level, that was why I decided to take that sells from there

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@nsg_usd - 2 days ago
Quoted - asuquokelvin

Price didn't get to my box level, that was why I decided to take that sells from there

Profit secured. Good Job.
I'm positioned for long on Gold.
Entry: 4110
SL: 4074

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@asuquokelvin - 2 days ago
Quoted - nsg_usd

Profit secured. Good Job.
I'm positioned for long on Gold.
Entry: 4110
SL: 4074

Gold is Trading inside the fvg level of price breaks below the fvg I will change my overall bias to sells

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@asuquokelvin - 2 days ago

Gold is trading inside the fvg level showing potential bullish momentum, I won't buy immediately instead I will wait for price to sweep below 4154.32 level and then reverse breaking above a key structure level on a lower timeframe

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@asuquokelvin - 2 days ago

Gold is making a potential bullish head and shoulder I have marked one shoulder still anticipating the other one, untill then I will wait

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@asuquokelvin - 2 days ago
Quoted - asuquokelvin

I have marked out the second shoulder in anticipation, I will wait and see gold form the pattern before buying

Gold has created the next relative low for the right shoulder pattern, waiting for a break above the neck

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@asuquokelvin - 2 days ago
Quoted - hosea_makelele

how do u expect one to know where neck is

The level I just marked with the red line is the neck line, once broken we go for a buy

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@asuquokelvin - 2 days ago
Quoted - asuquokelvin

The level I just marked with the red line is the neck line, once broken we go for a buy

This is how it looks like on lower timeframe, once we have a bullish break above that neckline with high volume not a wick then we will look for bullish opportunities

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