Gold (XAU/USD)
As seen in my previous analysis, we successfully caught the price at a great level and have been holding a gold buy position ✅.
🔔 Now, around the $3500 zone, I’m ready to short gold.
With a signal confirmation on the 1H timeframe, we can enter short 📉 and close the earlier buy position from lower levels.
📌 Gold is approaching the top of its range, making this a potential shorting opportunity.
As seen in my previous analysis, we successfully caught the price at a great level and have been holding a gold buy position ✅.
🔔 Now, around the $3500 zone, I’m ready to short gold.
With a signal confirmation on the 1H timeframe, we can enter short 📉 and close the earlier buy position from lower levels.
📌 Gold is approaching the top of its range, making this a potential shorting opportunity.
Trade active
As you can see, price hit our zone perfectly and reacted with a strong drop 📉.
Currently, I’m at Reward 1 and have secured half the position ✅.
Now we wait to see how much profit the market has in store 💰.
🔔 Worth mentioning: the previous buy trade from this same zone was closed at Reward 10 📈.
Trade closed manually
Price reversed and hit my stop ❌—but that’s no problem!As planned, I secured half the position at Reward 1 ✅, so I exited breakeven.
Now that the level is broken, I don’t get upset or frustrated 🚫. I just wait for a pullback to prepare for a new long entry 📈.
Remember: we only control our capital, not the market. We don’t give orders to the market; everything is a game of probabilities 🎯.
📌 With proper risk management, even market losses turn into long-term gains. It may sound strange, but as you saw in my previous long trade (pinned analysis), I managed to take Reward 10—about 6% profit. And now, despite getting stopped out, I didn’t lose anything.
That’s what trading is all about:
Keep losses small ❌
Let winners grow 📈
The true secret of the market lies here—not just in drawing lines on a chart. ✨
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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.
Related publications
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.