XAUUSD. Weekly trading levels 6 - 10.05.2024

Diupdate
Gold in a narrow range. We are waiting for a shot from the current zones to the next ones. A good wide trade could work out.

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.


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Trade aktif
Start of the week. Shall we make this scenario?

cuplikan
Trade aktif
The plan failed, they went straight to the upper zone and buried themselves in it. I would like to see the run down. cuplikan
Trade aktif
so far everything is according to plan
cuplikan
Trade aktif
Good!!
cuplikan
Trade aktif
excellent response from the lower limit. Gold seems to remain flat for now
cuplikan
Trade aktif
Yesterday we fought for the lower limit all day.)

cuplikan
Trade aktif
No comment) cuplikan
Trading ditutup secara manual
The gold was running away too interestingly. It's even scary what will happen next week) The continuation next week will be a new post, we will continue the experiment. cuplikan
GC1! (Gold Futures)GoldgoldtradingPivot PointsSupply and DemandTrend AnalysisXAUUSD

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