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@Thevenziltrades
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Gold Scalping Strategy Signal's
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GOLD BUY NOW
4008-4006
SL 3999
TP 4010/4015/4020
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BEST SELLING POINT XAUUSD
3972 - 3975
TP 3966/3960/3950
SL 3980
BEST SELLING POINT XAUUSD
3940 - 3942
TP 3935/3930/3920
SL 3952
. News Trading (High Risk/Reward).
Key events:
US NFP (1st Friday)
FOMC rate decisions
CPI inflation
Geopolitical events
Strategy:
Wait 5โ15 mins after news
Enter in direction of breakout
Use stop-loss tight (20โ30 pips)
Support & Resistance (Classic)
Mark weekly highs/lows
Wait for price rejection (pin bar, engulfing)
Enter with 1:2 or 1:3 RR..
For Any Kind Of Help /Info
@Thevenziltrades
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Best Times to Trade XAU/USD
Time (GMT)
Session
Volatility
London
08:00โ12:00
High
New York
13:00โ17:00
Highest (overlap)
Asian
00:00โ08:00
LowโMedium
Best: 13:00โ17:00 GMT (NY session)
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BEST SELLING POINT XAUUSD
3976 - 3979
TP 3971/3965/3955
SL 3986
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GOLD BUY NOW
4065-4073
SL 4053
TP 4070/4074/4080
According to the 1h analysis, the price is forming a beautiful pattern and my view is pretty clear:-
Long above 4097.54 and Short below 4053.08.
Long targets:- 4130.90 / 4161.60
Short target:- 4003.90 / 3961.59.
According to the lower timeframe, I'm personally looking for a selling opportunity from our major zone:-
4082.90 & 4077.70
Targets:- 4040.90 / 4020.68
If we receive any rejections, then we will execute our positions.
Don't place any advance orders for now. Use good bearish confirmations for the execution.
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