PMTradeALot

Here we are. Hopefully some of you profited on part 1. Gold pulling back on the good US data and the lack of geopolitical updates on the Israel-Palestine war. The war is still so gold is still a buy on pullbacks.\Here are 2 zones I am still looking. I think the purple zone can still give some pips. I won't hold it long term if it hits the zone and will hope for a deeper pull to the green zoneHere is a better viewBoth zone gave some pips. Purple zone wasn't perfect but it still gave some pipsI expect some profit taking at the red zone. If you got the balls, take a quick short themdon't be greedy and take profit at the purple zonetarget reached on the short term trade.The green zone buy... you do as you wishThis is why I said don't be greedyThis is the whole move from the green zone390+ pips580+ pips650 pipsI expect some profit taking at the red zone before FOMC minutesThis level is important coming into the FOMC minutes. Will they remind the market that the Fed will be prepared to raise interest rate if it needs to. It could be a reason for market participant to take profit on their USD shorts. It is not a bad spot to take some profit on the longs and try a high risk short (if you got big balls)80 pips profit from the high risk short120+ pips from the short830 pipsAnyone still in that trade, take some profit and leave a % of the trade in to be able to hedge the short. We will look to take a short risk free with the runner at that big red zone. There will be some sellers waiting there and we could profit on a short, risk free.I personally think we will make an all time high on gold for a few reasons.-Market thinks Fed is done hiking and we could see some rate cuts next year -- bearish USD-Seasonality on Gold in December and January is very strong-We still have the Palestine-Israel war going on.

I got these 2 zones of interest on a Gold buy. The purple zone and the green zone. I personally prefer the green zone but the purple zone could give some pips. Gold is pulling back on the delay of ground invasion of Gaza. Even those yields and the DXY are pulling back, gold is dropping. Gold is 100% on safe haven mode right now. Keep your eyes on the Israel and Gaza news update as it is what's driving gold at the moment.The purple zone we got 1950+ 23 fib+ break retest of a pretty strong zone.The green zone has the 38 fib+ 1925+ 100 and 200 Daily MA sitting there.We know gold move fast so don't be greedy.Good luckAs I was wrriting my trade idea, Gold touched the 23 Daily fib and purple zoneUp 50 pips from purple zone. I won't lie, I didn't have time to take it since I was writing my trade idea.No FOMO... We wait on the next tradePerfect tradeIf you in SL at break even before the newsVery good US PMI Flash numbers. The trade will go back to entryNo... it keeps going150 pips from entry200+ pips nowtrade made 300+ pipsComing close to 400 pips.550 pipsTrade is done. 500+ pips

I have a pending order at the green box. You can see the confluence at the zone. Take profit whenever you feel like it.If silver hits the zone at the same time it is another confluence. Don't lose time looking for a candlestick pattern. If the zone works, it works... if it doesn't, it doesn't.This trade is higher risk since it made a 130 pips pullback before hitting the zoneTrade left without us