XAUUSD. Weekly trading levels 29.04.2024 - 3.05.2024

Updated
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.


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Good start to the week snapshot
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They didn’t go far from the zone, but they showed good condition upon purchase.
Look further.
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It's a shame, but at the wedding there was no serious pushback towards the interlocutor. Let's look further

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I wonder which movement we will show today. I'm willing to trade both)

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The second scenario worked perfectly regardless of the news.

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At night they gave a couple of reactions from the level. For now we remain in range

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not a bad day. tomorrow is non-farm, we'll see how it goes

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Trade closed: target reached
result of the week. overall, not bad
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Chart PatternsGC1! (Gold Futures)GD1!GoldgoldsignalsTrend AnalysisWave AnalysisXAUUSDxauusdanalysisxauusdsignalxauusdtrade

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