Hello Fellow Traders, Here is a Full Analysis For XAUUSD.
Key things to Remember:
GOLD has Respected This Channel Many times In the Past!
Weekly Supply Area For GOLD - We can expect Institutions to Sell in this Area!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below!
I have Left my Previous Analysis below for further reference :)
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
Key things to Remember:
GOLD has Respected This Channel Many times In the Past!
Weekly Supply Area For GOLD - We can expect Institutions to Sell in this Area!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below!
I have Left my Previous Analysis below for further reference :)
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
