D-Nakharin

D-Nakharin

Based on the plan I made for the week, I anticipated that the price of XAUUSD wouldn’t drop below 2735. However, the result was that on just Monday alone, the chart dropped significantly, breaking through all 3 demand zones I had planned for. Therefore, today we’ll adopt a day-to-day strategy. For today, the focus will be on selling since the price has shifted...

D-Nakharin

"Due to the recent sharp decline in price from the supply zone, we will be waiting for confirmation from the M1 timeframe . For now, we should wait for the price to touch the POI demand and look for a clear candlestick pattern on the M1 timeframe before entering a trade."

D-Nakharin

I am still focusing on the buy side because the chart shows a strong uptrend. I've set the CHoCH point at 2735. As long as the chart remains within this swing and does not break below 2735 , I will continue to look for buy opportunities in the zones I have identified.