OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is looking very Nice!! POR POI area has been hit for me. Gold has been making lower lows and lower highs. The probability the monthly and Daily imb above @
$1770 - $1815 getting filled is highly likely. I will look for short term trade to this area. Remember this is the daily chart . This will happen over the next couple days or weeks. I think PA we could see up movement and I will wait for my key Areas to get hit on the lower times. I will then wait to see how PA react to those specific areas before entering short. If I see a nice continuation pattern around the Asian ranges for long I will enter that too the $1780 above. There is some IMB around the $1900 level which could be a nice long term trade. Follow us for more updates EQ
Comment:
Comment: 4HR Chart projection. I will wait to see how price reacts around my key areas and if it ticks all the boxes for my strategy, No need the rush the process. Protecting my capital and executing the best trades are my keys to my success in trading
Comment:
Comment: 1 hr Chart. I will still take continuation patterns to those key areas. Then once key areas are hit. I will see how PA got to those areas before entering

Comments

Really nice set up i have the same idea
+1 Reply
Management of your trades is the biggest key to success in trading!!!
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