XAUUSD TRADING ANALYSIS

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A
@asuquokelvin - 21 hours ago

Gold is trading close to 4025.95, if price eventually breaks above that price level then we will have more expansion on gold to the upside

A
@asuquokelvin - 18 hours ago

London and newyork session has just been accumulating without a clear direction, taken a break at the moment to avoid taking unnecessary loss due to the present market conditions

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@asuquokelvin - 17 hours ago

Price is actually expanding, but no fvg, or entry reasons, but only an order block

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@asuquokelvin - 17 hours ago
Quoted - asuquokelvin

The expansion has just started, price is delivering to the downside

Price is expanding.... With high momentum, which means London accumulated and newyork is now expanding and it's targeting the low marked by the arrow

N
@nsg_usd - 15 hours ago
Quoted - asuquokelvin

Price is expanding.... With high momentum, which means London accumulated and newyork is now expanding and it's targeting the low marked by the arrow

Did you take the buys?

Price did not break above the 15mins resistance like I marked but rather reacted and continued the sells downwards.

A
@asuquokelvin - 15 hours ago
Quoted - nsg_usd

Did you take the buys?

Price did not break above the 15mins resistance like I marked but rather reacted and continued the sells downwards.

I didn't take buys I stayed out but I would have sold because it alligns with my liquidity trading strategy

N
@nsg_usd - 14 hours ago
Quoted - asuquokelvin

I didn't take buys I stayed out but I would have sold because it alligns with my liquidity trading strategy

Alright.
The buys will likely kick in next week since price is closing at a support zone. However, I'll still be playing safe with long opportunities since price is still bearish and a break above the 15mins price level it reacted and sold from is still a valid level that will result in buys if the zone is flipped to a support zone.

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