XAUUSD

Hello friends, I hope you're all doing well. Today, I'm going to share an analysis of the gold market with you all. But before diving into that, let's talk about the importance of staying cautious on days with significant news releases. Personally, I avoid trading on such days, as the market tends to be unpredictable and volatile.

Instead, I prefer to focus on my trading setups during specific hours, typically starting from 2 am New York time until around 5 to 7 am. By this time, I've usually set up my trades based on my analysis. I make it a rule to close my trades around 11 am, regardless of whether the setup I anticipated earlier is still valid or not.

I find it crucial to stick to this routine, irrespective of any new setups that may emerge later in the day. This disciplined approach has helped me manage risk and stay consistent in my trading strategies.
keep remember me in your prayers.