ProfessorCEWard

XAUUSD: DT Curve Analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
(Based on the 5D/45m Chart)

SLO @ 2332 โณ
SSO @ 2312 โณ๐Ÿ˜ฎ
TP1 @ 2288
TP2 @ 2212
TP3 @ 2156
TP4 @ 2069
TP5 @ 2032

This is an Intermediate Time Frame trade (4 hours to 6 day):

โ€” Offers a clearer picture of the underlying trend compared to short-term frames.

โ€” Provides more opportunities for confirmation signals and technical analysis.

โ€” Allows for more flexible trading schedules, trades can be held overnight.

โ€” Suitable for swing traders and some positional traders.

๐Ÿ”‘
โณ = 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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