Xyz3dtrading
Gold. How to "kill" bull or bear (triangle)? 24/July/25XAUUSD. are you betting (gambling) OR trading for bull/bear triangle? With or without "active lost/cut lost"?.. No stop lost = passive (cut) lost = Let the "gambling" games end for you. Not you end the "trading" any time actively. The "happy ending" always come with good risk management with good risk/reward ratio where ONLY happened when we have T.P and S.L plans.
Gold waiting for today unemployment claim report. 12/Sept/24XAUUSD having deep correction after "lower" CPI report as sentiment shift to only 0.25 base cut on next week.. which is not "catalytic" enough of for gold's substantial continuous uptrend as gold almost priced in all rate cut expectations now just waiting the amounts and frequent of base cut by THE FED.
Gold will hit ATH again @ 2568 +/- in next few days?. 11/Sept/24XAUUSD possible forming a leading diagonal pattern = meant hitting ATH again @ 2568 +/- Which is the 1) monthly Pivot / R1 lvl 2) The Upper Resistance Line (red) of the pattern. Long @ 2498 which is 1) The lower Support Line (blue) of the pattern 2) Voulme Profile POC..
Gold's possible support/resistance lvl. 4/Sept/24XAUUSD possible completed its expanding wave (a)(b)(c)(yellow) pattern. P/s We have to be "flexible" and "change" our view not just from e.g T.A / Eliott wave perspective from previous Triangle ideas as it was "invalidated" by "evolving" price as time passed.