Sellxauusd
XAUUSD ShortHey traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1832 zone, once we will receive any bearish confirmation the trade will be executed.
remember to use proper risk management at least, 0.01 lot per 250$ with gold. because gold movements are violent comparing to other forex pairs.
Trade safe, Joe.
XAUUSD SellHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1805 zone, once we will receive any bearish confirmation the trade will be executed.
Remember to use a smaller lot on XAUUSD comparing to the one you use on other forex pairs. because gold movements are more violent, and it's easy for gold to marginate your account in case you don't opt for the right money management strategy.
Trade Safe, Joe.
XAUUSD ShortHey Traders, in this week we are monitoring XAUUSD for a selling opportunity around 1816 zone, Once we will receive any bearish confirmation the trade will be executed.
Remember to always use proper risk management with commodities since they are high risk and more volatite.
Trade Safe, Joe.
XAUUSD analysisHey Traders, in the coming period we are monitoring XAUUSD for a buying opportunity around 1834 zone, we might see a pullback from 1865 zone towards more 1834 zone before the big rally into more highs probably! back then we might execute the trade if we receive any confirmation,
in Monday our focus will be on the selling opportunity at 1865 zone respecting the descending trend in combination with the strong supply and demand zone. we will not risk a lot in that trades just few pips will be enough.
don't forget that you should always respect proper risk management, especially with gold and commodities since their movements are more strong comparing to other pairs. always risk between 1-3% of your account so in the worst scenario you'll not get knocked out from the market with a losing trade.
a lot of traders get knocked out from the market because they risk 30-50% of their account in each trade and in that sense 1-3 losing trades will kick them out from the market, but a reasonable trader that risk 1% of his account and aim high he will get knocked out from the market after 100 losing trades in a row and the probability for that is close to none, that's why money management is the key success to trading more than the other tools.
thank you for reading my text with attention, always happy to help!
Joe.
XAUUSDHey Traders, in this week we are monitoring XAUUSD for a selling opportunity around 1795 zone, once we will notice any bearish confirmation the trade will be executed.
Remember to use proper risk management, especially with gold because gold movements are more fast and severe.
Trade Safe, Joe.