The_Paper_Syndicate / Profile

XAUUSD trading was amazing this week. We caught four buys giving us over 300 points. The market closed before reaching our goal of 500 points. All positions closed due to geopolitics which might destabilize sentiments over the weekend opening with a gap Sunday.

BTCUSD reacted too fast from support level, the orders haven't been filled and thus the momentum is very low. I'm no longer sure about the buy. Sellers might overpower the bulls, unless the algorithm gives us another opportunity.

Prices picked up so fast at support level 63,800. I hoped for it to go to lower to my A+, if it returns, the market might have shifted structure and we might be going for sells. I will send an update for an A+ entry.

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