XAUUSD. Weekly trading levels 29.04.2024 - 3.05.2024
Updated
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. :)
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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!!!
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!!!
Comment
Good start to the week Comment
They didn’t go far from the zone, but they showed good condition upon purchase.Look further.
Comment
It's a shame, but at the wedding there was no serious pushback towards the interlocutor. Let's look furtherComment
I wonder which movement we will show today. I'm willing to trade both)Comment
The second scenario worked perfectly regardless of the news.Comment
At night they gave a couple of reactions from the level. For now we remain in rangeComment
not a bad day. tomorrow is non-farm, we'll see how it goesTrade closed: target reached
result of the week. overall, not bad
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