XAUUSD TRADING ANALYSIS

Got 32$ from the trade

CPI both headlines and core cpi beats up data previous and forecast so we expect more rate hike, gold bearish move is sustained

This is good

Gold has not really broken below but definitely it will break, so I will be looking for only sells on gold till this month ends

By the end of today it should break that low, or I will just close out

Were you holding the sells or you just entered

I was holding it since yesterday

Still watching it. It's stalling. If you're in the trade, you should take profit.
if price does not break the low, it will create a double bottom and that would mean that the bears have gotten exhausted.
I'm still positioned for buys.

I will close out today though

what was the trigger for taking the sell trade? You have not even shown it on the chart so how is someone supposed to know what you saw before you took the trade? Just posting a random screenshot with a price line does not mean anything, it doesn't show us where exactly it was that you entered the trade from. By now we should be doing better analysis than all this

Look at this chart, anybody seeing this will know that I entered from the blue circle. I encircled the chart pattern that was my entry trigger, this is common logic. one needs to be able to see the trigger that caused you to take a trade. You cant just enter a trade without seeing a trigger.. There are lots of beginners watching this space who have to be able to make sense of what we are doing