XAUUSD
Hello traders, for the remainder of the week, I am still actively seeking additional selling opportunities. My preferred strategy involves identifying supply and demand dynamics. Currently, I am exploring potential entry points around 1908.
Additionally, you may consider trading the Fibonacci 61% retracement level or the countertrendline. All of these indicators converge in the same area, making it a promising zone for potential trades.
However, it's essential to exercise caution when considering news events. They can lead to rapid upward movements, but they might also provide high entry points for short positions. Stay vigilant and adaptable in your approach to capitalize on market opportunities.
Trade active:
entry at 1902.43
sl 1904
tp 1986
sl 1904
tp 1986
Trade closed: target reached