Gold with No Drama

4088, 4107 is a level each related to the respective tf...
why i wait for 4118?
I know that level better, have confluences, knowing that this two can reverse price...
If i loose a train i loose a train...
I don't trade at any time or level...
People should stick to the plan...

Ive gone short here with a very tight sl as this is a risky trade my only trade for today took the 5 min -COG in supply

Don't care what people say, my personal focus this week is only 4080-4100. Next week's target is 4200-4250 IMHO. Happy trading and happy weekend. DONE for NY

Q3 coming, im focused only on bullish

Sold 4090 & 4089 moved sl to breakeven now , not sure where to exit yet , out now at 79 although i expect lower prices today but I dont want to leave anything on the table rn

Weekly vwap test at around 4050 is a great tp

If your not even sure where to exit the trade you took is automatically a bad trade

Even if it wins you profit

I know where to exit in loss but when it comes to profits I prefer to close manually as I monitor price action

4080 is a strong bullish proposal. Don't sell till 4100 if available

Above 4072 there are a chance of 65% price reverse or pulback....
At 4118 increase near 95%, in the middle odds better than 65% but is not the best....
Rules.... Having rules and stats help a lot....

The UAE says early warning on missile was a 'technical malfunction

Looks like 4090 being rejected

Edit: Now Broke

DXY chart pumping hard, the dump is coming really fast for gold

Scalp Long
4080 to 4104

you crazy

Buying 77 sl 74

Gold is bullish? why is he?

So crazy like say gold will pump down hard....
Do you know how monthly ends relative to average?
Just check those stats...
It can be a bit crazy because daily candle, but at this time of the month you will always gonna see more time than not price be averaged...
Monthly and weekly want to close below 4040/32, fighting zone....
But if we stay at this distance from monthly average next month volatility will be crazy...

why ?

Before closing the desk I would like to show my view on gold upcoming week:
THIS IS NOT A FINANCIAL ADVICE!!!
The FVG and OB is from 4H TF, $4100 is resistance of daily chart and round number too, today gold has shown and still showing a good buying momentum but it is close to resistance and FVG, OB. So 2 scenarios are here of buy and sell too, if RSI being overbought on the 1H TF after touching FVG-OB then definitely going to short till $4020 and then will buy according to the upcoming news on Thursday. Look on NFP, forecasting is lesser which will be good for gold, and gold won't go straight up without a pullback buying now Is risky and if it went according to this then gold reaching $4220 is for sure but I'm going to buy from $4020 from here a small SL and good RR and going to hold till $4220.
Buying from $4020 is according to 4H OB and FVG too. FIB 61% too.
HAVE A GOOD WEEKEND SEE YOU SOON...
IF THIS HELPS THAN GIVE YOUR FEEDBACK TOO...
NOT A FINANCIAL ADVICE TRADE ACCORDING TO THIS AT YOUR OWN RISK!!!