XAU / USD Weekly Chart
Hello traders. Just taking a look at the weekly chart, and I have marked my areas of interest. Looking for a good push down and if possible, a good entry for a long position. This is just speculation for now, and I will post some lower time frame analysis as we get into the trading week. Big G gets a shout out. Be well and trade the trend. Let's see how the overnight sessions play out. Thank you so much.
Note
2442 is the area to watch. Watching the 4 hour time frame to see if we're going to break and close above, we're rejecting start pushing down. Patience is key. I'm not trying to rush or force a trade. And it's only Monday. Let's see how the next few hours play out. Big G gets all my thanks.Note
2455 is the area to watch. On the weekly there's clean traffic to the left, on the 4-Hour we need to see if we're going to keep moving up, or reject and start a pushed out. Trade safe. Shout out to Big G.Note
Gold is currently at 2468 area. I am looking for potential Short position if conditions are met. Maybe not today, but if and when we top out, I would like to catch the move down, if that is what happens. Patience is key. Thanks to Big G
Pip Whisperer
Pip Whisperer
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