XAUUSD. Weekly trading levels 6 - 10.05.2024

Updated
Gold in a narrow range. We are waiting for a shot from the current zones to the next ones. A good wide trade could work out.

During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

----------------------------------------------
Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.


Don’t forget to like Rocket and Subscribe!!!
Trade active
Start of the week. Shall we make this scenario?

snapshot
Trade active
The plan failed, they went straight to the upper zone and buried themselves in it. I would like to see the run down. snapshot
Trade active
so far everything is according to plan
snapshot
Trade active
Good!!
snapshot
Trade active
excellent response from the lower limit. Gold seems to remain flat for now
snapshot
Trade active
Yesterday we fought for the lower limit all day.)

snapshot
Trade active
No comment) snapshot
Trade closed manually
The gold was running away too interestingly. It's even scary what will happen next week) The continuation next week will be a new post, we will continue the experiment. snapshot
GC1! (Gold Futures)GoldgoldtradingPivot PointsSupply and DemandTrend AnalysisXAUUSD

Телеграмм канал t.me/forex_hoby

Надежный Проп - the5ers.com?afmc=mwv
Брокер Форекс, CFD - link.amarkets.store/?g=BAJ9FU
Объемы CME для МТ4\5 - optionlevels-fx.com?tracking=RR4JgilkZQnovFmR
Also on:

Related publications

Disclaimer