Taking partial profit from Gold short 👌🏼

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@WiseForex #GOLD #XAU

First target hit ✅ Might be slowing down here, but next target still has high chances for being hit within today.

Moving stop to breakeven. Now its a free trade.

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@WiseForex #Gold #XAU

Gold hit second target and so far bouncing at July open at 1919 (which I originally took for 2nd TP).

Maybe bounce back to developing Year VWAP. Maybe drop lower. DXY has a chance to close back below May high, so if it does, XAU will bounce. In any case this trade is already secured at breakeven. The following days will show if we add more or flip into long.

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@WiseForex #Gold #XAU

Gold reached developing year VWAP and now consolidates under it. So we can see bear order block at 1926-1932 where price will push once again. The rest depends on PA there. Either rejection that will lead to cover gap under 1900, or breakout.

In case of breakout next important value is around 1940 (Aug close), 1953 (Sep high) and 1959 (2021 high).

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@WiseForex #Gold #XAU

GOLD wicked to 2004 and went down developing year VWAP ✅✅

That was the trade and minimum target achieved. So far XAU holds above that level. If lose it, next will be ~1900

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@WiseForex #Gold #XAU #update

While we wait for BTC to breakout Gold already did today 🚀

@WiseAnalyze #XAU #Gold #ta

Interesting look at Gold 4H chart. On yesterday's Dollar Index dump it pumped back above developing quarter VAH (correlates with November close) and hit target zone I've marked two days ago (in Forex channel). Still holds above 2036 SR.

On one hand such a long candle body creates a price inefficiency (FVG) and can't stay open forever. I usually mark out middle of that body to estimate where price can return on pullback - that is 2000-2005 for XAU. On the other hand if continues pushing higher will try to close gap at ~2075 and that may help Bitcoin to hold for bullishness.

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@WiseAnalyze #XAU #Gold #ta

GOLD broke out 🚀

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@WiseAnalyze #XAU #Gold #ta

Gold trade reached risk/reward 3:1 level 👍 Still expect it to grow higher after it find support on current pullback, so left some for that scenario.

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@WiseAnalyze #XAU #Gold #ta

Planning to enter Gold long from approximately 2338 with target around 2387 and stop under 2318.

💡 Chart and prices given for BingX

@WiseAnalyze #XAU #GOLD #trade

Meanwhile #Gold is growing 👀

Gold looks good for another breakout. Fibonacci says next target zone can be around 2590. I'll take that long on pullback to ~2522 or on breakout - whatever happens first.

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@WiseAnalyze #XAU #GOLD #trade

GOLD had an unshakable bull run for almost 3 months since I've shared the moment of breakout. Today it develops one of the longest red candle within that period. Uptrend structure is not yet broken, but worth keeping an eye on it.

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@WiseAnalyze #XAU #GOLD #trade