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As we observe the market today, Gold has already been rejected at our Daily strong resistance and breakout zone @ 2391
There is a possibility that the price will fall to our nearest H4 breakout zone @ 2364.
Let's wait for the price to make a pullback to the H1 breakout zone @ 2383 - @ 2386 for our sell confirmation.
But be attentive, if the price makes a solid breakout at the nearest daily resistance zone @ 2391, Gold might fly back up again!
Today is Monday and we don't have any high impact data release. So, let's trade slowly and properly. Follow my lead!
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Make sure the price is in the zone i provide you. Remember, buy low, sell high
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GOLD BUY NOW @ 2378.16 - 2374.11
SL : 2370.84
TP 1 : 2379.92
TP 2 : 2381.91
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📣 BUY GBPAUD @1.89900
🔸SL - 1.89400
🔹TP1 - 1.90200
🔹TP2 - 1.90500
🔹TP3 - 1.91000
1:2.2 Risk/Reward Ratio
Apply Adequate Money Mgt
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GOOD MORNING TRADERS!😎
May your trades be swift, your decisions be wise, and your returns be plentiful. Here’s to a profitable day!🕯
Unmute & Pin This Channel
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@efmstradelive1
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i don't want take any risk because market too slow we just continue tommorow ✌🏼
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Gold trade is active, currently running 25+pips ⚡️
Can collect your profits slowly and set a break-even for holding position ✔️
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Market Update - Gold/Xauusd Analysis
Current Scenario :
At the moment, the price has already rejected our daily trendline (third touch) and our strong Daily and H4 resistance zone @ 2364.
Based on the chart, I can see a possibility that Gold will fall back to the nearest breakout @ 2346.
However, the price must first break the H1 sideways base @ 2354 to confirm this downtrend movement.
My Game Plan :
if the price does not break through this sideways zone and instead makes a solid breakout above the nearest daily resistance @ 2364, I'm expecting Gold to fly up to the next daily strong resistance @ 2375
The US banks are on holidays due to Independence Day, so the market is expected to be slow than usual. Trade slowly and wisely. Wait for my confirmation first before making any entries. Follow my instructions closely!
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Make sure the price is in the zone. Trade wisely and follow proper money management
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GOLD SELL NOW @ 2354.62 - 2358.85
SL : 2362.12
TP 1 : 2352.73
TP 2 : 2350.76
