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Gold 🏆
Pair: XAUUSD 📊
Side: Long / Buy Limit
Entry: 4754 4752
TP: Open
SL: 4733
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 4764 100pips ✅
TP2 4774 200pips ✅
TP3 4784 300pips ✅
Use Proper Risk Management
React and adapt ! Price is holding above 4750, previous candle printed and close solid above 4750
Let’s manage risk here price failed to hold under I’m closing both entry in a loss
+1
Taking a sell here due to price tapping into the H4 previous high / key resistance around 4750–4757 and rejecting it cleanly. Price respected the level well, and both intraday + HTF candles managed to close back below the zone
On the 15M, we also got a solid wick rejection from the key level with price closing back under 4750, showing rejection from the highs.
Now what makes this setup higher risk 🫤 is the fact that the 15M candle did not print a strong bearish confirmation candle after the rejection. Momentum on the rejection was weaker than expected, so this is not an aggressive full-risk setup
Still willing to take the trade and let probability play out while risking low. Sometimes the cleanest levels don’t give the cleanest candles, so risk management matters most here
Buy plan still remains valid as well if price manages to break and close above 4750 with a strong bullish candle, I’ll look to continue buys following today’s bullish momentum
Gold 🏆
Pair: XAUUSD 📊
Side: Short / Sell
Entry: 4746
TP: Open
SL: 4760
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 4740 80pips ✅
TP2 4730 160pips ✅
TP3 4720 280pips ✅
Use Proper Risk Management
Repost from N/a
Quick recap…
Beautiful push with gold today. last night our Asia entry got taken out at BE, but notice how price came back to retest the 30M bullish imbalance around 4700, respected it perfectly, maintained above the zone, and continued pushing higher 💪 setup did over 600pips
