musclemilk0075

XAU / USD 4 Hour Chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders. I took minimal trades last week. I am watching the opening and how the overnight sessions go . I can see potential scalp sells and buys. Lower time frame confirmation is a must, and conditions must be met for me to take a trade. $2300 / $2298 is the area to watch as well, if it holds, we can push up to retest the 2310 / 2315 area. This is just speculation and a few potential trade set ups that I am considering. Let's see how things play out. Big G gets all my thank. Safe and profitable trading to all. Be well and trade the trend.
Trade active:
I took a buy at 2294.10 ... Impulse buy, up 30 pips as of this writing. Let's see how things play out at the 2300 area.
Trade active:
Kaboom. 9 minutes and 100 pips. WOW

Trade closed manually:
Jumped out and closed the whole trade out with 96 pips. Very thankful as it was an impulse trade, but it was in my area of interest posted in the original analysis. Big G gets a shout out. Let's see what this week brings. Ripping a celebratory bong load and laying down for the night. Be well and trade the trend. 2305 is the area to watch for a break and close above or a rejection. Thanks so much for checking out my posts.
Comment:
Happy Monday ... 6 am (est) here in the U.S. Currently looking at the 1 hour chart.... 2323 and 2316 are the areas I am watching to see if I can get a decent scalp trade set up. I can see both scalp buys and sells. I will post a lower time frame chart shortly. Just wanted to put the areas of interest for reference points . BIg G gets all my thanks.
Trade active:
I took a scalp Sell from $2320.13 Using a tight stop loss, and looking for a potential push down to the $2311 area. Let's see how it plays out. Securing partial profit at 30 pips. I can always re enter but it is always best to close a portion of profit, move SL to entry point and leave a runner running.

Pip Whisperer
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.