MONDAY MARKET WRAP-UP 🎯🎯

💥 It's another glorious Monday. Most of you might notice that I hardly share setups on Monday that's because it's usually crowed by the weekends' sentiments.

💥 Generally, throughout today we had lots of positive news and data coming up and it created a little edge for the gold (XAUUSD) bears. Even at that, gold managed to hold steady in our support and resistance zone. The news didn't have as much influence on gold as expected.

💥 Furthermore, this might mean we'll be looking at a long for gold during the week. Though the week may be a bit spiky. Let's just watch carefully and prepare for now.

📚 Also try to read up the news updates shared here, they're really important. 😎

XAUUSD TRADE UPDATE 💥💥
If you can recall our holding trades from last week. We closed out earlier today during the Asian session but it was a nice entry so I left the buy in.

Let's see if price is able to break the 1980 zone....

https://www.tradingview.com/x/hasnLoz7/

💥 💥 💥 QUICK UPDATE 💥 💥 💥

🎯 VIP channel is closed for now. Will reopen that by August with our training classes. So for now we'll strife to provide all our valid and high profit trades here.

🎯 Also, for those that would like to learn our strategy or how to trade like a "Stein". Our online private classes will begin by August for those interested check us out at:
Africanontreprenuer.com

So for now, services offered are Free signals, Octafx Copytrade and Account management. 💰💰

XAUUSD AUTOCHARTIST UPDATE 💥💥
Seems like this supports our bullish sentiments. 💰💰

Account type = USD ($)
Capital/Start-up Balance = $138.69.
Weekly Growth = 549.6%
Interest/Profit = $847.27
Withdrawal = $80
Profit Balance = $767.27
Average gain per Day = 183.2%
Total Trades = 42
Canceled = 1
Filled = 41
Losses = 0
Drawdown = 0%
Trade Accuracy = 100%

Time Duration = 29th July - 31st July (3 Days).

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XAUUSD TRADE UPDATE 💥💥
Price has held a strong consolidation around the resistance level. We're still in for more bulls but the opening of the NY session might create some sell off momentarily.

For now the chart still remains an ascending triangle. 📈

https://www.tradingview.com/x/l2hE3SNA/

SWISS BANKQUOTE BY THE RESEARCH TEAM

Pivot (invalidation): 1970.00

Our preference
Long positions above 1970.00 with targets at 1981.50 & 1988.00 in extension.

Alternative scenario
Below 1970.00 look for further downside with 1959.00 & 1951.50 as targets.

Comment
Intraday technical indicators are mixed and call for caution.

"White House, U.S. Congress Democrats to continue effort on coronavirus aid"

https://www.investing.com/news/coronavirus/white-house-us-congress-democrats-to-continue-effort-on-coronavirus-aid-2252245

"Gold Rally Shifts To Lower Gear With A New Feature: 'Higher Lows'"

http://www.investing.com/analysis/gold-rally-shifts-to-lower-gear-with-new-feature-higher-lows-200532888

Just as expected, upside breakout on XAUUSD coming up perfectly 💰💰

Patience pays 💰💰💰. These are our last two XAUUSD trades 💥💥

XAUUSD (3) from last week HITS 280+ PIPS ☑️☑️ Even at 300 PIPS right now 🎯
Reward for patience 💰💰

XAUUSD TRADE UPDATE 💥💥

We're done here, Take Profit should take you out by now 💰💰. Free money. 😂😂😂
Though, let's leave out one entry open without a Take Profit for now. This might be our 2000.00 rally. 🎯🎯

https://www.tradingview.com/x/kQdGagZP/

That's why I love GOLD (XAUUSD) 💰

Check the results for yourself 🎯

SIGNAL 📶: BUY LIMIT XAUUSD (2)

ENTRY: 1979.00 & 1985.00

SL: 1969.00

TP 1: 1990.00 (110/50 PIPS)

TP 2: 2000.00 (210/150 PIPS)

TP 3: 2020.00 (410/350 PIPS)

TP 4: 2040.00 (610/550 PIPS)

Use small lots for now, trying to catch a retest of former highs. #Newplan2

Gold (XAUUSD) is likely to hit the 2000.00 mark for the first time in history today or tomorrow during Asian Session. 💥💥💥

Our limit orders are just in place for a retest of former highs 🎯🎯

"Gold Futures’ Front-Month Breaks Beyond $2,000"

https://www.investing.com/news/commodities-news/gold-futures-frontmonth-breaks-beyond-2000-2252917