🆕 XAUUSD: Curve Analysis 🆕

(Based on the 12H Chart)

SLO3 @ 2414.48 📉
SLO2 @ 2388.92 📉
SLO1 @ 2334.00 ⏳
TP1 @ 2334.00 💰
TP2 @ 2288.87
TP3 @ 2255.22
TP4 @ 2203.24
BLO1 @ 2190.75 ⏳
BLO2 @ 2160.42 ⏳

This is an Intermediate Time Frame trade (4 hours to 6 day):

— Offers a clearer picture of the underlying trend compared to short-term frames.

— Provides more opportunities for confirmation signals and technical analysis.

— Allows for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.

🔑
⏳ = PENDING ORDERS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

Comentário:

XAUUSD: Curve Analysis
(Based on the 4H Chart)

SLO2 @ 2441 📉
SLO1 @ 2424 ⏳
TP1 @ 2391
TP2 @ 2363
TP3 @ 2343
TP4 @ 2311
BLO1 @ 2304 ⏳
BLO2 @ 2285 ⏳

— PA has pierced our original PH.

— Good thing is that we have a new PH

— Based on the new PH, I have annotated this new Curve Analysis

🔑
⏳ = PENDING ORDERS
BLO = BUY LIMIT ORDER
PA = PRICE ACTION
PH = PIVOT HIGH
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT