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XAU/USD – Two Possible Outcomes Ahead
in
Galvenais
Apr 22 at 08:03
XAU/USD – Two Possible Outcomes AheadBullish Setup:A breakout above the descending channel and reclaiming the 3478–3490 demand zone→ could trigger a rally toward 3532.58.This would validate a classic bull flag breakout after the recent strong move.Bearish Setup:Failure to break the upper channel or reclaim the demand zone→ may lead to continued downside within the channel, targeting 3410.11–3410.38.In this case, the flag acts as a bearish continuation pattern.Share your thoughts...
What is the best time frame for competitive trading?
in
Galvenais
Apr 18 at 10:30
According to me, the best time frame for competitive trading depends on your style and experience. Scalping or day trading works well with 1 to 15-minute charts for quick decisions and fast action. Swing trading is more strategic and suits 1 to 4-hour charts, while position trading fits long-term thinkers using daily or weekly charts. For a strong competitive edge, the 5 to 15-minute time frame often offers the perfect balance of speed and stability.
MY thoughts
in
Galvenais
Apr 17 at 13:32
Alright, fellow traders, good morning from Romania! 👋 Let's chat about Gold (XAUUSD) today.Feeling a bit bullish on Gold as long as it holds above that key level around 3312. Think we could see it push towards 3360, maybe even stretch to 3383 if the momentum keeps up.Of course, if things turn south and it drops below 3312, we might be looking at a move down towards 3278, and potentially even 3245.The RSI just touched that neutral zone and looks like it's trying to climb back up, which hints at some buying interest.Just remember to trade smart and keep those risk levels in check! This ...
Seeking IB partners t
in
Galvenais
Apr 17 at 13:29
Seeking IB partners to achieve mutual growth! Offer competitive rebates and a superior trading environment designed for client success. Let's expand together with the right resources.
IB collaboration
in
Galvenais
Apr 17 at 13:27
I want to become
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