Again, I am a technical trader. Not a fundamental trader. Anything I see on the chart, I trade.

Gold (XAU/USD) with BiteFX

I am bearish biased for now. I think the market will fall. But, if I see a buy set up completed after or during the news. I will cut all of my short trades and go Long.

Gold (XAU/USD) with BiteFX

We are back inside the bearish channel. Woooooops

Gold (XAU/USD) with BiteFX

Bearish channel is broken. I am just waiting to see what the price action of the news will be. Patience, we wait more.

Gold (XAU/USD) with BiteFX

Exactly bro. If no hawkish statement from Powell, we might go back down. But all the same, we are safe.

Gold (XAU/USD) with BiteFX

image Institutional traders what's up? We are waiting for you. What's up?

Gold (XAU/USD) with BiteFX

image Scale in positions set.

Gold (XAU/USD) with BiteFX

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Gold (XAU/USD) with BiteFX

image Bearish trend established. Now, we wait for market continuation price, to enable us scale in more positions.

Gold (XAU/USD) with BiteFX

image Bears, can we continue this structure? It will be so sweet a ride.

Gold (XAU/USD) with BiteFX

image Hold for now, until market gives us another opportunity to scale in more positions

Gold (XAU/USD) with BiteFX

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Gold (XAU/USD) with BiteFX

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Gold (XAU/USD) with BiteFX

Market is now in our zone.

Gold (XAU/USD) with BiteFX

image Waiting patiently

Gold (XAU/USD) with BiteFX

When there is a surge or plunge in the market, where will the institutional traders likely enter? It is where retail traders put stop losses. Take all of them out and go without them. That's their way. Don't fight it. Hack this, and become ...

Gold (XAU/USD) with BiteFX

The purpose of DCA is to mitigate risk, kill FOMO and to build an unwavering confidence in executing a trade when the trade signal shows up on the tape. Market turns or continues around "certain price range or zone" not a specific price. So, if you ...

Gold (XAU/USD) with BiteFX

image Price is dragging too much up there. There may be a plunge soon. I have closed all trades except for these limit orders. Let me test the waters without giving back all my previous gains.

Gold (XAU/USD) with BiteFX

image Scaling in more positions. We trust the market to continue the surge or reverse. And then we follow accordingly.

Gold (XAU/USD) with BiteFX