The Daily Edge - 18th Feb 2025
Low Volatility as XAUUSD Holds Inside Consolidation
Market Overview
Monday printed an inside bar after the U.S. Presidents’ Day holiday, leading to low volatility.
Price remains between 2940 IT-HH and 2860 ST-HL, with a failure swing below Friday’s low at 2880 but no decisive break.
4H chart confirms continued consolidation, keeping price within the range.
Key Observations
Inside bar formation – no breakout, signaling indecision.
Range-bound price action – price holds between 2940 and 2860, confirming consolidation.
Our Next Steps
Remain flat until a clear setup develops.
Monitor range extremes for trade setups
Longs: Below 2860, if price confirms.
Shorts: Above 2950, if structure aligns.
Avoid overtrading – patience is key until a strong directional move prints.
Reflection Prompt
How does recognizing when to stay out of the market improve discipline and long-term trading performance?
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #PipsnPaper
Market Overview
Monday printed an inside bar after the U.S. Presidents’ Day holiday, leading to low volatility.
Price remains between 2940 IT-HH and 2860 ST-HL, with a failure swing below Friday’s low at 2880 but no decisive break.
4H chart confirms continued consolidation, keeping price within the range.
Key Observations
Inside bar formation – no breakout, signaling indecision.
Range-bound price action – price holds between 2940 and 2860, confirming consolidation.
Our Next Steps
Remain flat until a clear setup develops.
Monitor range extremes for trade setups
Longs: Below 2860, if price confirms.
Shorts: Above 2950, if structure aligns.
Avoid overtrading – patience is key until a strong directional move prints.
Reflection Prompt
How does recognizing when to stay out of the market improve discipline and long-term trading performance?
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #PipsnPaper
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.
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.