XAUUSD Both Sides Trades! Analysis {01/08/2023)
Educational Analysis says XAUUSD may go Long & Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because XAUUSD fair value gaps or Imbalance are unfilled in a 1- hour time frame.
Although XAUUSD proved that, It's Changing its character in 15 mins time frame and coming for liquidity. Also, Sellers proved that the Market structure shifted and eventually lead to a Break of Structure.
The Horizontal Ray is Orderblock for both sides.
Analytical Trade would probably be
Buy Limit Order at 1944.28
Stop loss at 1942.14
Take Profit at 1984.16
Sell limit Order in 1984.61
Stop loss at 1987.71
Take Profit at 1942.08
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because XAUUSD fair value gaps or Imbalance are unfilled in a 1- hour time frame.
Although XAUUSD proved that, It's Changing its character in 15 mins time frame and coming for liquidity. Also, Sellers proved that the Market structure shifted and eventually lead to a Break of Structure.
The Horizontal Ray is Orderblock for both sides.
Analytical Trade would probably be
Buy Limit Order at 1944.28
Stop loss at 1942.14
Take Profit at 1984.16
Sell limit Order in 1984.61
Stop loss at 1987.71
Take Profit at 1942.08
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Trade active:
Buy Limit Order Failed.