TCH-TP
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TCH-TP
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Top 30D Traders by Volume
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High-Frequency Trader
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Most traders don’t fail because their technical analysis is wrong. They fail because their risk management is non-existent. If you want to survive and win in this game long-term, here is the exact risk management blueprint you need to follow.
Gold (XAUUSD) – Higher Timeframe Outlook (Daily Chart)
On the daily timeframe, Gold is currently in Wave 4, which appears to be unfolding as a Triple Correction (W-X-Y-X-Z).
The Z wave is likely the final leg of this corrective structure before the larger trend resumes.
Trading Strategy
Short-Term Traders
* You can continue to follow the current downtrend by trading the C wave of Z, which is expected to be the final bearish leg.
* However, this setup carries higher risk, so proper confirmation and risk management are essential.
Long-Term Traders
* Wait for a confirmed breakout above the descending trendline.
* After the breakout, wait for the price to retest the trendline as support, then look for buy confirmation before entering long positions for the next major bullish move.
Patience is part of the strategy. Let the market confirm the reversal before committing to long-term positions.
$XAU $XAUT #xau
On the daily timeframe, Gold is currently in Wave 4, which appears to be unfolding as a Triple Correction (W-X-Y-X-Z).
The Z wave is likely the final leg of this corrective structure before the larger trend resumes.
Trading Strategy
Short-Term Traders
* You can continue to follow the current downtrend by trading the C wave of Z, which is expected to be the final bearish leg.
* However, this setup carries higher risk, so proper confirmation and risk management are essential.
Long-Term Traders
* Wait for a confirmed breakout above the descending trendline.
* After the breakout, wait for the price to retest the trendline as support, then look for buy confirmation before entering long positions for the next major bullish move.
Patience is part of the strategy. Let the market confirm the reversal before committing to long-term positions.
$XAU $XAUT #xau
$XAUT $XAU Update Confirm Plan B now wait it return trendline of wave 2 we got next Dump #xau
$NVDA.US 1H Update my plan A it’s still Uptrend wait for price confirm on this last cycle if it can’t go new hight this cycle is end . #NVDIA
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