Gold Spot / U.S. Dollar
Long

biggest level break = long

105
break above gold long

barring bad usd print

failed wick out = continue sell
Note
always wait candle closure for confirmation and never fomo as candle can wick and fake out
Note
snapshot i did not join the short even it showed clear rejection. as i am waiting for a strong close above. it shows how major and volatile this level can be

only trade strong levels as they offer good rr and great edge
Note
snapshot level too major i shorted. bulls really need to reclaim
Note
snapshot
Note
cray cray big level
Note
"The purpose of trading is not being
right, the purpose is to make money,
and I think that's my number-one
rule. Don't get hung up on your
current positions."
Note
snapshot
Note
Note the break of previous highs is the trigger for entry for these momentum covering setups

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.