UnderstandForex

We are looking for a BUY on XAUUSD tonight. There might be two scenarios that play out, we are prepared for either. First scenario is what we charted. Second is below. Second Scenario: Important prices tonight: - 2378.55 - 2366.57 🧠 Helpful Tip: Remember to keep your stops small and profits large.Looks to be heading towards the downside initially. Lets wait with our positions and enjoy some profit when it hits 2366.57 - Keep a close eye on the rejection from 2378.55 as this could be a buy opportunity.Heading for it now. Sit back and relax. [img] [/img]

We sold the news this time. Entered a small short. Just under our rule of 1:5 Risk Reward.We're active and in the deep end of the short now. Lets see us head to that target of 2350.11 Who is with us? 🧠 [img] [/img]Almost at TP. What a time!!!! 🔽🔽🔽🔽🔽 [img] [/img]Now would be the best time to snag profit and leave a little bit of your trade open to trail down to TP. Make sure to move stop in front or on your entry price for a completely risk free trade. [img] [/img]

We went long at 2338.45 after the news broke on PPI m/m data. Tight stops as trading news can be extremely volatile and risky. A conservative take profit is sitting at 2361.83 with another TP at 2370.30If you're up for joining in these trades before we post to TradingView head to our Telegram. It's completely free with no VIP or paid programs.If we stay above 2349.86 we should be gravy to continue towards the upside and take profit area. We are manually monitoring the trade, so there will be delays in trade comments. [img] [/img]We've closed over half of our position. [img] [/img]We hit that profit! LETS GO! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

We went long at 2307.10 and now we're just sitting in the trade. Looking great for the News. Absolutely enjoying this! ALMOST AT TP!

Today we're looking at shorting gold, why? Well we spotted two deep liquidity areas, noticed the overall order books where indicating a strong sell and did the opposite of what the news said. However, we still are speculating so keep the risk small and the reward large. Happy profit.Stop was hit, underestimated the push to the upside. However, 2334 would of been the entry. We will make note of this for next time on the chart. It was a price we considered.