Hello traders. and Happy Friday.. Looking at the chart, I kept the same arrows and lines as my last chart. And just like yesterday's analysis (and the day befroe and the day before that), my trades are spot on. I am looking now to see what gold does for the last day of the week. Looking for buys from marked areas on the chart. We can start a huge drop down , or start to reverse around 1840 area. I will personally wait to get in as low as I can. Today can go either way. We can push down and push past this week's low at 1837, at which point 1833 / 1827 may be a good place to look for buys. I am getting paid to wait... if I do not trade again today I am fine. I would rather miss out than take a losing trade. I have done that way to much in the early days of trading. All thanks goes to Big G, my mentor. Trade the trend, catch some pips, and be well.
Note
Title Should Say XAU / USD..... My BadPip Whisperer
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Pip Whisperer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.