Technical Overview: - GOLD $2000 TARGET🎈
Check out our previous posted analysis about XAU/USD below
OUR CASE👾-
We strongly believe that trading is about finding the best risk-to-reward as it is one of the most important aspects of trading after risk mgmt, we could of easily sold this pair down to our buy zone levels but we are not interested in selling simply because of the small returns forward from a higher time frame perspective.
You are playing a game of cards and it is your choice to choose how to play your cards wisely, not all of get the same hand of cards but we all are trying ultimately to win by finding the best R:R trades putting us on the safer side of the market.
What many traders tend to ignore is the fact to think like like an investor, with an investor mentality you look at the bigger picture and plan ahead.
You as an investor should never buy at high prices, and never sell at low prices, you need to do the opposite of what the average trader is doing.
Everyone has their own style of trading into the market however the majority trade without any system and clue of the broad picture only focusing on "following the trend"
While traders are still hoping this pair can go down and attach their emotions we hope you are making the right decisions as an investor.
After following our analysis posted this week, we mentioned that we may start to see our first selling pressure in the gray marked zone.
We could of easily sold this opportunity but why should we do so if we got so much more to worry about on our table going to the upside.
From a higher time frame, we are still oversold.
From a smaller time frame, we are overbought.
By us understanding that we should be only buying this pair keeping our goal in mind, we filter out the noise and use it as an opportunity.
The more price develop the more we can understand, you and i don't make the prices, we react to it.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Check out our previous posted analysis about XAU/USD below
OUR CASE👾-
We strongly believe that trading is about finding the best risk-to-reward as it is one of the most important aspects of trading after risk mgmt, we could of easily sold this pair down to our buy zone levels but we are not interested in selling simply because of the small returns forward from a higher time frame perspective.
You are playing a game of cards and it is your choice to choose how to play your cards wisely, not all of get the same hand of cards but we all are trying ultimately to win by finding the best R:R trades putting us on the safer side of the market.
What many traders tend to ignore is the fact to think like like an investor, with an investor mentality you look at the bigger picture and plan ahead.
You as an investor should never buy at high prices, and never sell at low prices, you need to do the opposite of what the average trader is doing.
Everyone has their own style of trading into the market however the majority trade without any system and clue of the broad picture only focusing on "following the trend"
While traders are still hoping this pair can go down and attach their emotions we hope you are making the right decisions as an investor.
After following our analysis posted this week, we mentioned that we may start to see our first selling pressure in the gray marked zone.
We could of easily sold this opportunity but why should we do so if we got so much more to worry about on our table going to the upside.
From a higher time frame, we are still oversold.
From a smaller time frame, we are overbought.
By us understanding that we should be only buying this pair keeping our goal in mind, we filter out the noise and use it as an opportunity.
The more price develop the more we can understand, you and i don't make the prices, we react to it.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
