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397
As I did my weekly analysis at the beginning of the week, gold fell to 2700.
For now If the support of 2701 - 2700 is broken, gold support and buying zone is :
2688 - 2691
2670 - 2673
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Mr.Trump became the President of the United States and gold fluctuated 500 pips.
who have not experienced the effects of the US election in previous elections, know that the market situation will remain volatile and crazy until the end of the week, so Trade more cautiously.
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Gold Analysis
We saw the first weekly red candlestick for gold in a month at the end of last week
Therefore, in the most important scenario, we can expect further price declines and gold targets of 2720 and 2700 can be expected.
In the second scenario, if gold can rise above the resistance level of 2744-2746 and And see a 1h candle close above this level، we can take a buy for the targets of 2757 and 2770.
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November Summary on #XAUUSD
Total $XAUUSD TRADES: 24
Win 16
Loss 7
1 Be
Total: +33 RR
Loses - 8 RR
Closing 25 RR
Scroll up and verify these Trades yourselves
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Happy New Month Guys❤️
I wish everyone a profitable Nov, we will make so much money this month 🔥🔥
Amen🙏
397
📝My performance in the last week of the Oct (28 - 31)
Gold buy closed at +80 pips about 1R
Gold buy closed at +390 pips +4R
Gold buy closed at +190 pips +2R
Gold buy closed at +115pips +1R
Gold buy Stop -100 pips -1R
Gold buy stop -100 pips -1RGold buy closed at +200pips +2R
Totall profit : 980 pips | +10R
Totall loss : 200 pips -2R🔧Weekly +8R👌🔥 3th week win streak ❤️
Congratulations to those who followed all the signals this week💜397
we are in profit of 160 pips, please don't forget to save half profit and hold half for more tp
As usual, I told you first, then I entered and my entry point is higher
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I'm out for today. Charts aint moving in my favour, we've tried but gold seems to ignore several zones and chart patterns.
Don't worry, without challenges and losses we wont be able to learn.
Taking a rest now, and will recap and backtest the analysis later on, to modify and get better for the next ones 🙏🏽
