XAUUSD VIEDO ANALYSIS
gold breakdown for the week, from the monthly timeframe to 1hr timeframe. IM MORE OF A SWING/POSITION TRADER. i take about 10 trades or less a month. the less the trades the better. GOLD IS IN A CONSALDIATION MARKET, WITH TECHNICAL INDICATING DOWNTREND FROM HIGHER TIMEFRAMES BUT 4HR 1HR SEEMS TO MAY HAVE SMALL BUY PULLBACK INTO OUR SUPPLY ZONE FOR A QUICK FAKEOUT TRAP OR SELLS. BE CAUTIOUS. BE PATIENT. AND ONCE WE SEE OUR ZONE WE WOULD LIKE TO BREAK WE ENTER AT CONFIRMATION WITH 2-3% RISK. REMEMBER USE YOUR RISK CALCULATOR STICK TO YOURE TRADING PLAN AND WRITE DOWN ON YOUR TRADING JOURNAL THE TIME YOU ENTERED WHAT SESSION, HOW MANY LOTS, YOUR EXIT AND WIN OR LOSS. HAVE A GOOD Trading Week AND wish everyone the Best.
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