🌟 **XAU/USD Market Watch** 🪙✨
Gold is sitting at a potential PRZ (Potential Reversal Zone) 🧐. Here’s the plan:
📉 **Bearish Scenario**: If gold rejects this level, we could see a retracement back to the **2675 area** before a possible push toward the **premium sell zone at 2692-2697**. This is the key area I’m eyeing for a strong sell setup. 🔍
📈 **Confluences**:
- Limited resistance until 2692-2697 🛑
- Previous rejection from this zone triggered strong bearish momentum 🚨
⚠️ **Heads-Up**: With red-folder news on the horizon 🗞️, I’m holding off to avoid getting caught in a volatile move. Remember, patience is key in trading! 🧘♂️
🚨 **Yesterday Recap**: Took two SL hits, but balanced it out with a **full TP on EUR/USD – snagged 105 pips!** 💪
💡 **Pro Tip**: Every loss is a lesson, and every win fuels the grind. Stay disciplined and wait for those high-probability setups! 🚀
🔔 Follow me for more insights and live updates on XAU/USD and beyond! 📲💬
#Forex #XAUUSD #GoldTrading #ForexAnalysis #TradingStrategy #PatiencePays
Gold is sitting at a potential PRZ (Potential Reversal Zone) 🧐. Here’s the plan:
📉 **Bearish Scenario**: If gold rejects this level, we could see a retracement back to the **2675 area** before a possible push toward the **premium sell zone at 2692-2697**. This is the key area I’m eyeing for a strong sell setup. 🔍
📈 **Confluences**:
- Limited resistance until 2692-2697 🛑
- Previous rejection from this zone triggered strong bearish momentum 🚨
⚠️ **Heads-Up**: With red-folder news on the horizon 🗞️, I’m holding off to avoid getting caught in a volatile move. Remember, patience is key in trading! 🧘♂️
🚨 **Yesterday Recap**: Took two SL hits, but balanced it out with a **full TP on EUR/USD – snagged 105 pips!** 💪
💡 **Pro Tip**: Every loss is a lesson, and every win fuels the grind. Stay disciplined and wait for those high-probability setups! 🚀
🔔 Follow me for more insights and live updates on XAU/USD and beyond! 📲💬
#Forex #XAUUSD #GoldTrading #ForexAnalysis #TradingStrategy #PatiencePays
Trade active
Note
160 pips secured TP1 and TP2 hit, respected zones as planned
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.