XAUUSD TRADING ANALYSIS

I'm following it closely. If there's need to close it, I will.
For now, I'm still observing and will wait for the current 4hr candle closure by 2pm.
Price is stalling currently at my Entry (4180.75). My invalidation level will be a break below 4125 price level or today's low. That's when I'll decide if I should exit it.

4125 is your SL level? Or your SL is still below it?

I entered another trade again on gold on my funding pips propfirm today, I marked out price open by 12:30pm and 12:45pm with the 2 red arrows pointing at each open, price targeted the low residing below the 12:45pm open, which I circled, the circle part is the low , then price broke below the low which gave us a confirmation of a breakout, but will price hold lower? That's the question we needed a trigger and we got a bearish engulfing candle which was the trigger to go lower, the trigger has a blue arrow pointing at the candle, so base on al this Reason I entered a short position, held risked 18$ and made 28$ profit although price has traded downwards even more than 1:2rr but I preferred 1:1.5 RR to go out

Nice one.

My SL is below it.

My profit so far and the strategy is very easy and clear just 15min open , look for nearest breakout level, continuation below the original above the 15min open and that's all

It's a solid strategy for the Account size. Knowing the right lot size to use per trade is also part of risk management.

Yes, and the win rate too, is awesome, want to try it for a full week if it gives even 55-60% I will continue with it as my day trading strategy

Oh that is a bit low, although gold reversal may start before price gets to that level

Here price didn't react well at all we got all elements and even the trigger candle, which is the bearish engulfing candle I just circled but price didn't go back to our limit order, but have 1:3 RR already deleting the order as price has reached tp

Accumulating profit is one good way to grow an account.

Yes but with a good profit target z won't take trade again, 4 entries taken for today won 3 loss 1, I see it as a good start

Looking for gold buys, marked out the 9:45am open and the 10:00 am with the arrows, waiting for price to take out the the high or low of the range marked out with the circle

Didn't get a trigger so setup invalidated

Looking for another opportunity.... The arrow marks the 10:am open and 10:15am open waiting for either sides of the range to be taken

The lows has just been broke, now we wait for our trigger

I'm looking for buys on Gold too.
Entry: 4111
SL: 4061

Gold is yet to approach the box level, I have been looking for scalp opportunities since morning yet nothing

I have changed my timeframe to 15min, I want to see price trade into that rectangle and reject from it for sells setup

How did this go