j_young

XAUUSD Analysis

Long
j_young Updated   
EIGHTCAP:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD analysis based on my own strategy.

Price expected to rise until 2300+ Level before slowing down, however it is expected to make a retracement before continuing going on that direction.
Comment:
There was a spike on Monday however it was still within my expectation based on my monthly analysis. Will share the screenshot soon.
Comment:
It seems like I can't share pictures here, so unfortunately, I won't be able to share the 'Before' image before the market opens on Monday. However, I can provide you with the link to my monthly analysis.

{tradingview.com}/chart/bfUDgRTp/?symbol=OANDA%3AXAUUSD

In summary, I was looking for two setups, and the market gives me the second setup, which involved a spike to the upside.
Comment:
As expected, approaching my zone, we'll see what price action will it do, only then we can make decision, however I have already made my decision to Buy when it reach my zone, I'll let it break with a shadow first and I'll enter at the lowest price possible. Please check D1 for related zone.

Congrats to those of you who sold at 2100 price level. I booked some profit myself and still holding some sell position.
Trade active:
Hi, everyone! I apologize for the late update. We're already in the trade. For those who are already in the trade, please manage your position wisely, as we have NFP news scheduled for this Friday, 8th March. I would suggest holding onto it and setting Stop Loss to Breakeven, ensuring we remain in a profitable position even if it reverses.
Trade active:
www(.)tradingview(.)com/chart/XAUUSD/iHSe3vlv-Long-on-XAUUSD/
Trade active:
Hi everyone, I just wanted to share that some of my positions have already hit my Take Profit level. As a result, we are now trading with zero risk.
Trade closed: target reached:
Hello guys, finally we've almost reached our target. I will be closing most of my long position and let 1 or 2 running. Those who want to exit the trade now may do so. Congratulation for those who followed my setup. :)

Enjoy your profit and your weekends guys.
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