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+718.00 USD Profit | Gold Creates New ATH (2500)I don't know anyone who would complain about making 700 usd in one day and I am not about to either, I'm quite happy with that as It is more than I asked for so I will be stopping here. That being said, Gold continues to create new higher highs and break new boundaries. I also would not be surprised if gold attempted to breach 2500 either I did cover all of this live as well in my group BEFORE the fact and on the record so feel free to join that. Other than that, have a good one today guys
FOREXCOM:XAUUSDLong
by Brandon_evo4
How Probabilities Help Me win Trades on GoldAs much as I want to tell you that there is some magic set up that works for me, Unfortunately I cannot because there isn't. The more I look at my own trading over the many years that I've been doing this. It literally boils down to probabilities. What is the probability that X will happen if Y happened. This is literally how I process everything and as you can see it works wonders. In this video breakdown I show you even a new trade LIVE. Admittedly, I wouldn't have taken it because it would have been counter momentum but even GUESSING I could make it work because of probabilities. The reality is that we overcomplicate what we do too much and this is really not needed. K.I.S.S - Keep it stupid simple
OANDA:XAUUSDLong
by Brandon_evo4
+$374.00 on Gold Call Today What is up traders, Brandon here - Absolutely lovely call on Gold this morning. Below are the links to all the minds that I would have posted before and after the trade itself was taken> www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com I like showing all the receipts because this gives clarity, you get a good idea of before and after. I hope you understood where I was coming from with this one. Have a great rest of your day - see you guys soon =)
OANDA:XAUUSDShort
by Brandon_evo4
Gold Absolutely Destroys Sellers, Simultaneously fools BuyersWhat's up guys, I hope this message finds you well. It appears that gold did actually play out almost exactly like I wanted it to and surprisingly I was right. Here is the link to the original analysis - www.tradingview.com The good thing about this is that due to it being a news event I wouldn't have been able to engage anyway until maybe after the event but had I engaged I would have absolutely been right. Also You'd realize that I don't just call out buy here or sell there without an explanation. I do this for 2 reasons. 1. I believe in order for you to get better you need to be able to explain what it is you think you understand to others in a way that helps them understand And 2. If as a trader you don't like over-explaining\analyzing things.. I got some bad news for you buddy, this may not be the correct industry for you. You have to be able to explain why you are taking specific trades even if it just to explain it to yourself. If you cannot do that then taking the trade is likely ill-advised. Hope you enjoy this one, have a good rest of your day, see you guys soon!
OANDA:XAUUSDShort
by Brandon_evo4
7
GOLD Continues to SURGE Higher Despite Seller thinking otherwiseWhat's up folks - I am met with an absolutely pleasant surprise here on this trade, lovely way to end the week - and let me say this I am not closing my gold trade here. I honestly at this point see Absolutely NO reason to close my buy because in order to close a buy technically you are selling your position. If you don't think the market will sell, why would you sell? - I don't think the market would sell so I am not going to close my buy. I am glad I stood my ground with my bias and so far it is continuing to pay dividends.. To the sellers who thought GOLD would sell this week...not saying that you were wrong but I think you didn't observe all of the facts. I think majority of the analysis that I saw that the sell argument were only surface level. But it is what it is Have a great weekend guys!
OANDA:XAUUSDLong
by Brandon_evo4
2
GOLD BULL Move Explained - Why I THINK Traders Stay LOSING!What's up folks, so this is an update video just to explain why I think gold did what it did. By no means is the the 100% only way and there are thousands of ways to approach this, but this is the way that works for me and I think it makes sense. I will continue to say Everything about what I think could be absolutely wrong which is completely fine with me but so far it seems to be working and has been doing so for approach 8 years now. I think most traders simply do not think about their analysis long and hard enough, they don't try to understand why they see what they see. Even if they lose a trade they don't try to break down that loss and figure out what they could have done better or different. The Gold market loves traders like this as they are easy targets. Gold has no problem taking you for all that you have and then some more. The signs that gold was going to continue to buy were as follows: - Still a bull market overall (higher timeframe) - Currently a bull market from Oct 6th 2023 (lower timeframe) - The dealer would have been validating\inducing sellers on this recent move downward - People for some reason would be convinced that the war would cause gold to sell (I really don't understand where this belief is coming from btw) - Traders thinking because it is at a high that it has to drop (meaning liquidity from sellers would be injected) - Multiple news events being released over the last few days making traders believe that that would be the catalyst to cause gold to drop (induction) - Traders believing that they just need to go against the direction to get the best possible entry (this is conditioning that the dealer would have worked really hard for years and years to establish) - Traders not understanding that a basic technical analysis is not enough to decipher what is actually happening causing them to see false moves that really aren't there and I could probably go on and on. But all in all I really want to drive home the idea that your analysis is supposed to give you complete faith in yourself. So much faith that you should be willing to back up your claim with your money and that is where executing the trade comes in. One thing you cannot do is be bouncing around from going bullish to bearish etc etc. If you weren't solid on a direction gold probably would have dealt with you some time this week But let me stop here. Have a great day guys :)
OANDA:XAUUSDLong
by Brandon_evo4
5
GOLD XAUUSD Technical Analysis and Trade IdeaIn this video, we present a comprehensive analysis of GOLD XAUUSD, with a primary focus on the prevailing bullish sentiment evident in higher timeframes. Notably, GOLD has recently approached a critical resistance level. The video's discourse covers essential elements of technical analysis, including but not limited to the current trend, dynamics of price action, the structural characteristics of the market, and various other fundamental aspects of technical analysis. As we progress through the latter part of the video, we take a closer look at a potential trading opportunity. It is important to emphasize that the content presented here is strictly intended for educational purposes and should not be misconstrued as financial advice. It is imperative to recognize that engaging in currency market trading carries a substantial degree of risk. Therefore, the prudent integration of risk management strategies into your trading plan is absolutely vital.
OANDA:XAUUSD
by tradingwithanthony
GOLD XAUUSD Technical Analysis and Trade IdeaIn this video we undertake a comprehensive analysis of GOLD. XAUUSD has conspicuously exhibited a robust downtrend, notably observable on the weekly timeframe. It experienced a substantial selloff followed by a marked retracement to its initial point of origin. Given the magnitude of these price movements, we anticipate further market volatility. Within the video, we dissect a potential trading opportunity, providing an in-depth examination of the prevailing trend, price dynamics, market structure, and other crucial facets of technical analysis. It is essential to emphasize that all concepts and strategies are elucidated clearly in the video, yet it is imperative to underline that this should not be construed as financial counsel. Trading inherently carries a substantial degree of risk, underscoring the paramount importance of implementing a robust risk management strategy.
OANDA:XAUUSDShort
by tradingwithanthony
3