XAU/USD Trading Before NFP News Friday

6 paź 2023

Hey Traders,

As XAUUSD falls we can look at new long zones.

Reflecting off higher time frames is crucial and if you look Monthly you can see price action / rejection circa 1803.

We Previously looked at gold in my last Editors Pick:

Coming off from these highs and managing new entries is so important.

Looking for swing moves up nearer 1880 area.

Oh and be patient. Never rush in on large falls and overleverage or it can hurt very badly.

6 paź 2023

Uwaga

Longs only lower.

6 paź 2023

Uwaga

Shorts only nearer 1883. Awaiting news 1:30 GMT

6 paź 2023

Uwaga

Here comes NFP news. Be ready

6 paź 2023

Uwaga

That means setting potential entries and also potential exits.

6 paź 2023

Uwaga

Holding any long entries

6 paź 2023

Uwaga

Later longs taken lock in gains, earlier longs taken hold for swings.

6 paź 2023

Uwaga

Maintaining long bias into next week.

8 paź 2023

Uwaga

This is not new longs ^ just held longs from the previous week

9 paź 2023

Uwaga

Holding longs in gains up to 1880 area.

10 paź 2023

Uwaga

Still holding longs, lock in gains via local support SL.

10 paź 2023

Uwaga

Make sure you have locked in gains pre fed mins tomorrow.

11 paź 2023

Uwaga

Still holding longs will locked in gains.

11 paź 2023

Uwaga

Move trailing stop up. Way in gains.

11 paź 2023

Uwaga

Exit for gains, scaling in short 1883

11 paź 2023

Uwaga

Light entries now. Holding for FOMC.

12 paź 2023

Uwaga

Any longs you should be out of. Further shorts now.

12 paź 2023

Uwaga

Holding short entries in gains.

12 paź 2023

Uwaga

Exit for gains on 4H support.

13 paź 2023

Uwaga

very light re shorts. Would not be suprised if we RE reach 1916.

13 paź 2023

Uwaga

Sentiment is with Gold bulls. Hold off and trade light (nothing heavy amid sentiment)

13 paź 2023

Uwaga

looking lightly short.

15 paź 2023

Uwaga

Maintaining short bias. Only new dca entries 1972

16 paź 2023

Uwaga

Lock in gains on all shorts taken.

16 paź 2023

Uwaga

Hold off re shorts.

17 paź 2023

Uwaga

Only light shorts circa 1932, further entries 1972.

18 paź 2023

Uwaga

Remaining short from 1932. No new adds until significantly higher.

18 paź 2023

Uwaga

Consider making shorts far lighter on dca entries amid current sentiment of markets.

19 paź 2023

Uwaga

Short bias remains.

19 paź 2023

Uwaga

Dca shorts applicable,

20 paź 2023

Uwaga

Lesser sizes, spaced sizes and eyes on news very much recommended. Do not overleverage and/or fall in love with entry.

21 paź 2023

Uwaga

If you are shorting into Monday;

Remember the price high and returning to highs. It is a short on a technical bias.

Market sentiment is pulling it up and fast. Do not make an enormous entry and pretend it can’t go higher. It can and many times it will when you least expect.

23 paź 2023

Uwaga

I repeat. Risk MUST be managed in time like this. There is strong MKT sentiment and it can be dangerous. Do not be suprised if price rallies higher. If you are going to trade, trade lightly and trade sparingly.

24 paź 2023

Uwaga

Maintaining careful short bias.

24 paź 2023

Uwaga

Lock in gains.

25 paź 2023

Uwaga

Re shorts above highs. Shorts are OK at the moment but must be very small.

26 paź 2023

Uwaga

Short bias remains. Happy to enter here only lightly.

26 paź 2023

Uwaga

Make sure you keep an eye on market sentiment. It changes and you need to aswell.

27 paź 2023

Uwaga

Light shorts now, any further entries way into highs and very light. Risk remains.

29 paź 2023

Uwaga

Gold higher as expected. Still following same protocol to control risk. Would not be shocked if we get higher. Short bias only remains.

31 paź 2023

Uwaga

Same focus on risk management. Trade lightly.

1 lis 2023

Uwaga

Exit shorts taken late, flip extremely lightly long.

3 lis 2023

Uwaga

Exit longs for gains. Only light short entries persist.

7 lis 2023

Uwaga

Lock in short gains +30$ move.

7 lis 2023

Uwaga

Exit shorts for gains.