XAUUSD 8th Jan

Updated
For education purpose only.

I only trade gold mainly on london session only and sometimes GJ.
todays london we had a range from 2027-2033 waited for price to break support at 2029 were i took 20pips and moved to break even risk free trade were i got tapped out

price has pushed lower caught 20pips on downtrend.
waiting for price to retrace to these levels highlighted not taking no buys or sells
until price reaches this area and rejects on lower time frame.

patiently waiting will be entering at half a percent risk 0.5.
waiting for a retracement at a discouned price to take sells
Note
Will update here one trades activated
Chart PatternsTrend Analysis

Disclaimer