🟡 Gold (XAUUSD) Analysis – 10 October
Hello Disciplined Traders,
Welcome to the Chart Is Mirror Community 👋
Market Context
• After marking a new all-time high at 4059.350, Gold is currently in a pullback phase.
• CHOCH + BOS have been confirmed on the M15 structure, signaling that H4 may retrace deeper.
• Both H4 and M15 structures are now aligned for a short-term downtrend until a structure shift occurs back to the upside.
Key Observations
• First POI for short setup: 4007–4025 (M30 OB zone).
• Next potential POI: 4035–4044 (fractal point zone) — if retested and respected, it could offer another short opportunity.
Execution Plan
• Wait for price to pull back to either POI.
• If respected with LTF confirmation, plan short setups accordingly.
• If price continues forming new structure lows without a pullback, we’ll reassess the chart and plan based on fresh price action.
Stay disciplined — structure defines direction, confirmation defines action.
📘 Shared by ChartIsMirror
Hello Disciplined Traders,
Welcome to the Chart Is Mirror Community 👋
Market Context
• After marking a new all-time high at 4059.350, Gold is currently in a pullback phase.
• CHOCH + BOS have been confirmed on the M15 structure, signaling that H4 may retrace deeper.
• Both H4 and M15 structures are now aligned for a short-term downtrend until a structure shift occurs back to the upside.
Key Observations
• First POI for short setup: 4007–4025 (M30 OB zone).
• Next potential POI: 4035–4044 (fractal point zone) — if retested and respected, it could offer another short opportunity.
Execution Plan
• Wait for price to pull back to either POI.
• If respected with LTF confirmation, plan short setups accordingly.
• If price continues forming new structure lows without a pullback, we’ll reassess the chart and plan based on fresh price action.
Stay disciplined — structure defines direction, confirmation defines action.
📘 Shared by ChartIsMirror
Trade closed: target reached
⚡️ Gold (XAUUSD) Trade Update – 10 October ⚡️Our first POI 4007–4025 respected perfectly.
With clear LTF confirmation, our short setup was executed at Sell @ 4006.
The trade played out smoothly and hit full 120 pips TP ✅.
Discipline and patience always pay — follow your zones, not emotions.
📘 Shared by ChartIsMirror
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.