Potential Sell in XAUUSD - Daily Bearish Bias
Updated
Despite recent bullish fluctuations, the overarching market sentiment for XAUUSD remains bearish on the high time frame.
This trade idea leverages the bearish HTF sentiment of XAUUSD to identify sell opportunities at strategic POIs. The goal is to capitalize on the anticipated bearish run towards the 1900 level and potentially further, barring any significant disruptions from geopolitical or fundamental factors.
This trade idea leverages the bearish HTF sentiment of XAUUSD to identify sell opportunities at strategic POIs. The goal is to capitalize on the anticipated bearish run towards the 1900 level and potentially further, barring any significant disruptions from geopolitical or fundamental factors.
Trade closed manually
The bias estimate was accurate, although the market didn't hit the take profit level. Today, I executed multiple bearish trades and one counter-trend buy, accumulating over 100 collective pips through various entries. Currently, I have no open trades. I've already shared my trading strategy for tomorrow's XAU/USD market. Here's to hoping for further profits!
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