ProfessorCEWard

✨ XAUUSD: Curve Analysis (6W/6D)✨

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
(Position Trade)

SLO @ 2095 ⏳
SSO @ 1985 ⏳
TP1 @ 1775
TP2 @ 1600
TP3 @ 1470
TP4 @ 1266
BLO1 @ 1215 ⏳
BLO2 @ 1085 ⏳

ADDITIONAL INFO:
🚫 We're at the ATH, so Stop Loss @ 2148.99

🔥 Based on this HTF Curve on the 6D, we have a few years for PA to drop to Demand

💰 Once we hit Demand get's gonna be time to purchase the hard asset

🔑
ATH = ALL TIME HIGH
BLO = BUY LIMIT ORDER
HTF = HIGH TIME FRAME
PA = PRICE ACTION
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

Long-term time frames (1 week to 1 year):

— Shows the big picture, revealing major trends and economic factors.

— Less volatile, price movements are slower and smoother.

— Suitable for long-term trend trading and position trading.

— Requires less frequent monitoring but may offer fewer trading opportunities.

Professor C. E. Ward
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