XAUUSD

2 Jun 2023

So what I am seeing over the charts:
-Firstly, let's examine the market movement behaviour, after the NFP news came out, the news came out to be Mixed. Which led big whales to make buying trap where initially price dropped and then regain some strength back. Though, it did not last long and price dropped as DXY bounced back on today's LL.
-Price dropped without seeing any large volume after 1960, it kept on dropping until the daily candle closed, making it more obvious what big investors are looking at; they are eying at 1940-1945 price area where they will try to fill up the 1974 region where the big selling orders will come in place.

Our price entry point-

Traders, look out for 1970-1975 price region it has strongest key level, which will be crucial for upcoming move. We may see US DOLLAR being bullish rest of the month. We can have two opportunity in this trading setup, first one buying at 1940-45 region and then selling 'swing' at 1970-75 region.

Good Luck and Trade Safe.

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SEE YOU NEXT WEEK :)

6 Jun 2023

Catatan

-Price rejected at POI, and bounced back from that zone, and currently 230 Pips in Positive.
-We still expect price to come to our area and reject at there as there is massive gap that price left behind.

7 Jun 2023

Trade aktif

Price came to our reversal zone and rejected from there. Currently 220 PIPS in positive.

11 Jun 2023

Catatan

Price dropped 300 pips from our entry and touch the region once again, we are currently not sure about the which direction it may go but we reckon price will bearish in coming weeks if not days.

17 Jun 2023

Trading ditutup: target tercapai

480 PIPS HIT ;))