Gold XAUUSD Trading facts Golden notes

XAUUSD loves liquidity

Think of Gold as a liquidity hunter.

Important liquidity areas:

• Previous Day High
• Previous Day Low
• Asian High
• Asian Low
• Previous Week High
• Previous Week Low
• Equal Highs
• Equal Lows
• Major swing highs/lows
• Round numbers

1.  Always analyze the gold in bigger to smaller time frame

2. Use x , 3x , 9x ema to watch the trend in one hour timeframe.

X= 30

9

27 = 30

81= 90 

if   x > 30 > 90 Up trend

if all close  Rang bound 

if x < 30< 90 Down trend.

3. Study the last 4 hour candle to check price action bias. If Dogi candle means reversal , if bullish candle means will go up.

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