In this technical analysis I share my current views on XAU/USD (Gold) with half a day left before the market closes. I tried to make the chart as self explanatory as possible, but feel free to reach out or drop a comment if you have any questions.
This chart follows the same logic as my previous idea, which played out very well. I pride myself with having given the advice to NOT take the call and enter, as in real life you can't always take all of the trades. Make sure you wait for the right opportunity.
-Trading-Guru
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Glad nobody went in for the long position with this idea! Sometimes it's really better to wait.
Now I think that wait is over though, and we should be getting ready for a long position. This is what I am thinking:
Thanks for updating. Hope more analysis next week.
suyi3000
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NFP
TheSignalyst
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Fantastic job as usual! you are called Guru for a reason ;)
Trading-Guru
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I will be posting more of these regularly, so follow me to find out about great trading opportunities
Trading-Guru
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I would also like to remind you that I make all of this available completely for free. If you like my work, you can help me out greatly by giving me a thumbs up on this idea
Trading-Guru
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How would you have charted this? Feel free to post a link to your own idea here as well
Trading-Guru
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I’m curious to hear your thoughts! Let’s make use of the fantastic tradingview community and give each other feedback.