ProfessorCEWard

XAUUSD: DT Curve Analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
(Based on the 4H/9D Chart)

SLO2 @ 2427 ⏳
SLO1 @ 2380 ⏳
SSO @ 2325 ⏳
TP1 @ 2291
TP2 @ 2217
TP3 @ 2162
TP4 @ 2077
SUPPORT @ 2011

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
DT = DOWNTREND
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

Professor C. E. Ward
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