XAUUSD. Weekly trading levels 6 - 10.05.2024

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Gold in a narrow range. We are waiting for a shot from the current zones to the next ones. A good wide trade could work out.

During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.


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Trade attivo
Start of the week. Shall we make this scenario?

istantanea
Trade attivo
The plan failed, they went straight to the upper zone and buried themselves in it. I would like to see the run down. istantanea
Trade attivo
so far everything is according to plan
istantanea
Trade attivo
Good!!
istantanea
Trade attivo
excellent response from the lower limit. Gold seems to remain flat for now
istantanea
Trade attivo
Yesterday we fought for the lower limit all day.)

istantanea
Trade attivo
No comment) istantanea
Trade chiuso manualmente
The gold was running away too interestingly. It's even scary what will happen next week) The continuation next week will be a new post, we will continue the experiment. istantanea
GC1! (Gold Futures)GoldgoldtradingPivot PointsSupply and DemandTrend AnalysisXAUUSD

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