XAUUSD (Gold) - The Only Setup I'm Spotting Now
Hi Traders. In the market breakdown yesterday, I talked about buying opportunity if price rejects 1821 OR 1818 supports.
Price did not respond to 1821, in fact it basically just crushed below. But during the early Asian Session just now, price rolled over around 1818 then now its at 1821.
When the market is in a choppy condition like this especially on the larger picture, I always highlight one key word "Flexibility".
Its important to remind yourself that during condition like this all I'm looking for is small and quick movements. It has no difference from any usual setups because we can always compensate the Risk-to-Reward (RR) with tighter stops - Precision.
So make sure you are being very picky when it comes to trading the Range, and be extremely patient.
I will still be looking for buying opportunity as long as 1818 holds.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
Price did not respond to 1821, in fact it basically just crushed below. But during the early Asian Session just now, price rolled over around 1818 then now its at 1821.
When the market is in a choppy condition like this especially on the larger picture, I always highlight one key word "Flexibility".
Its important to remind yourself that during condition like this all I'm looking for is small and quick movements. It has no difference from any usual setups because we can always compensate the Risk-to-Reward (RR) with tighter stops - Precision.
So make sure you are being very picky when it comes to trading the Range, and be extremely patient.
I will still be looking for buying opportunity as long as 1818 holds.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
