This week offered clean technical setups on Gold (XAUUSD), with multiple opportunities aligning with higher-timeframe bullish structure. Price action respected key intraday levels, and overall momentum leaned bullish throughout the sessions.
Daily Breakdown:
🔹 Monday
Several trades were triggered, including a +70 pip partial and +120 pip take-profit. One setup hit the stop-loss (-50 pips), ending the session with a net gain of +140 pips.
🔹 Tuesday
Focused on structure continuation trades. Took profits at +50 and +100 pips. One trade closed at +130 pips. Net gain: +130 pips.
🔹 Wednesday
Despite an early SL (-70 pips), price later respected a key demand zone. Recovered with +86 and +60 pip trades. Total: +150 pips.
🔹 Thursday
Strong momentum with clean execution. Trades closed at +150, +30, and multiple +50 pip targets. Net: +186 pips.
🔹 Friday
Ended the week with a break-even outcome. A sell limit was triggered but invalidated due to structure change. Buy limit was placed but not filled before market close.
📊 Weekly Summary:
🔼 Total Net P/L: +606 pips
📍 Directional Bias: Bullish
⚙️ Market Structure: Higher highs and higher lows
📰 Context: Upward trend aligned with broader sentiment reported by major financial outlets regarding continued interest in Gold as uncertainty persists.
🧠 Note: This post is for educational purposes only and is not financial advice. Always manage your own risk and validate trades with your own strategy and analysis.
Daily Breakdown:
🔹 Monday
Several trades were triggered, including a +70 pip partial and +120 pip take-profit. One setup hit the stop-loss (-50 pips), ending the session with a net gain of +140 pips.
🔹 Tuesday
Focused on structure continuation trades. Took profits at +50 and +100 pips. One trade closed at +130 pips. Net gain: +130 pips.
🔹 Wednesday
Despite an early SL (-70 pips), price later respected a key demand zone. Recovered with +86 and +60 pip trades. Total: +150 pips.
🔹 Thursday
Strong momentum with clean execution. Trades closed at +150, +30, and multiple +50 pip targets. Net: +186 pips.
🔹 Friday
Ended the week with a break-even outcome. A sell limit was triggered but invalidated due to structure change. Buy limit was placed but not filled before market close.
📊 Weekly Summary:
🔼 Total Net P/L: +606 pips
📍 Directional Bias: Bullish
⚙️ Market Structure: Higher highs and higher lows
📰 Context: Upward trend aligned with broader sentiment reported by major financial outlets regarding continued interest in Gold as uncertainty persists.
🧠 Note: This post is for educational purposes only and is not financial advice. Always manage your own risk and validate trades with your own strategy and analysis.
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.