Welcome back, guys! I’m Skeptic. Let’s kick off the week with an analysis of XAU/USD, which seems to be giving us a long trigger right now! Let’s break down the 1-hour time frame.
🔍 Market Overview:
The major trend on the daily is still uptrend, so it’s best to trade in the direction of the trend (long). Last week, as per our analysis, we hit a new ATH and managed to break the resistance at 2954.74.
📈 Current Situation:
After a brief consolidation in the 4-hour time frame, a new uptrend momentum seems to be kicking off, which could lead to another price surge and a potential new uptrend.
🚀 Long Setup:
Our riskier long trigger will be activated after breaking 2994.16, and it looks like the current candle is about to break it.
For a safer position, we’ll wait for a breakout above 3002.71.
📉 Short Setup:
A short position below 2968.43 could work, although the uptrend momentum is quite strong, so there’s a higher chance of hitting the stop loss.
💡 This week, we have plenty of setups, so make sure to catch all the analyses and stay prepared.
Until the next analysis—stay sharp and trade smart! 💪🔥
🔍 Market Overview:
The major trend on the daily is still uptrend, so it’s best to trade in the direction of the trend (long). Last week, as per our analysis, we hit a new ATH and managed to break the resistance at 2954.74.
📈 Current Situation:
After a brief consolidation in the 4-hour time frame, a new uptrend momentum seems to be kicking off, which could lead to another price surge and a potential new uptrend.
🚀 Long Setup:
Our riskier long trigger will be activated after breaking 2994.16, and it looks like the current candle is about to break it.
For a safer position, we’ll wait for a breakout above 3002.71.
📉 Short Setup:
A short position below 2968.43 could work, although the uptrend momentum is quite strong, so there’s a higher chance of hitting the stop loss.
💡 This week, we have plenty of setups, so make sure to catch all the analyses and stay prepared.
Until the next analysis—stay sharp and trade smart! 💪🔥
交易結束:目標達成
After activating the long trigger I shared yesterday at 2994.16, today we managed to reach R/R 3 with a safe stop loss. If you entered with me yesterday, I suggest securing some profits now. Currently, there’s no good re-entry point, so don’t rush it—let the market form a structure first.
Stay profitable! 💪🔥
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