WELTRADE FOREX📈
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@WELTRADEFOREX is an international company with 17 years of fx market and online trading experience.. ✨Experience limitless trading with simulated markets, precise control and the potential to amplify your return.
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1 223
Beautiful catch! Slow action today for Gold with most major markets on Holiday.
Its Business As Usual for Market Makers!
Collect those pips🫡
1 223
Repost from N/a
20+pips done✅
Make sure to take partials and close first entries💰
1 223
Repost from N/a
💵RUNNING PROFITS💵
Time to set breakeven and secure some profits💥
Lock it up👑
1 223
SMALL LOTS | SCALP TRADE
Adhere to risk management when layering
👇
GOLD @ 2669-2672
❌SL: 2675
✅TP1: 2666
✅TP2: 2659
✅TP2: 2649
Total R:R = 1:3
Notice ‼️
Stick to 5%-10% risk per setup, dividing total position for partial profits per take profit.
Not financial advice, market perspective.
1 223
Performance Report
4 November - 8 November 2024
Monday Results
1. GOLD - 30pips✅
2. GOLD - 20pips✅
3. GOLD - 30pips✅
4. GOLD - 110pips✅
5. GOLD - 50pips✅
6. GOLD - 40pips✅
7. GOLD - 80pips✅
Tuesday Results
1. GOLD - 50pips✅
2. GOLD - 100pips✅
Wednesday Results
1. GOLD - 70pips✅
2. GOLD - SL➖
3. GOLD - SL➖
4. GOLD - 90pips✅
5. GOLD - 20pips✅
6. GOLD - 30pips✅
7. GOLD - 900pips✅
8. GOLD - 20pips✅
9. GOLD - 450pips✅
10. GOLD - 400pips✅
11. GOLD - 40pips✅
Thursday Results
1. GOLD - 90pips✅
2. GOLD - 80pips✅
3. GOLD - 25pips✅
4. GOLD - 40pips✅
5. GOLD - 30pips✅
6. GOLD - 15pips✅
7. GOLD - 60pips✅
8. GOLD - 100pips✅
Friday Results
1. GOLD - CL➖
2. GOLD - 90pips✅
3. GOLD - 30pips✅
4. GOLD - 20pips✅
5. GOLD - 15pips✅
6. GOLD - 50pips✅
7. GOLD - 50pips✅
Net Pips Gained: 3,075pips
Win Rate: 91.43%
#WeeklyPipReport
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1 223
⚡️Press And Profit⚡️
Make sure to set breakeven and secure this winner💥
Lock it up🪙
1 223
SMALL LOTS | SCALP TRADE
Adhere to risk management when layering
👇
GOLD @ 2689-2692
❌SL: 2695
✅TP1: 2686
✅TP2: 2679
✅TP2: 2669
Total R:R = 1:3
Learn More About Market Makers
Notice ‼️
Stick to 5%-10% risk per setup, dividing total position for partial profits per take profit.
Not financial advice, market perspective.
1 223
Price seems to not want to reject off this support level.
Playing the safer option, cutting our losses early.
Ill wait for London before making another entry. More volume could be a good indication.
1 223
SMALL LOTS | SCALP TRADE
Adhere to risk management when layering
👇
GOLD @ 2691-2688
❌SL: 2685
✅TP1: 2694
✅TP2: 2701
✅TP2: 2711
Total R:R = 1:3
Learn More About Market Makers
Notice ‼️
Stick to 5%-10% risk per setup, dividing total position for partial profits per take profit.
Not financial advice, market perspective.
1 223
Repost from N/a
Gold Market Overview:
- Gold price consolidation: Gold hovers below $2,700 as traders await the UoM Consumer Sentiment data, reflecting a balance between Trump’s re-election-driven USD strength and Fed’s rate cut.
- Trump win & Fed impact: Trump’s policies boost inflation expectations, lifting USD and bond yields, which pressures Gold. However, the Fed's dovish tone has supported a modest rebound in Gold.
- Upcoming data: UoM Consumer Sentiment and inflation expectations data could influence USD and Gold’s direction, with further focus on next week’s US CPI data.
Technical Outlook:
- Key support: $2,641 remains a strong support, aligning with the 50-day SMA. A break below could target $2,695, then $2,673.
- Resistance levels: Gold needs a sustained break above $2,718 to aim for $2,745, with further potential up to $2,760 and the record high of $2,790.
- RSI: RSI at 50 indicates a neutral stance, suggesting no clear directional bias yet.
