GOLD Short for the HOUSE to Capitalize on...?

XAUUSD
As we all the KNOW that GOLD & the DXY trade against each other. The DXY has officially broken a Daily Swing High indicating a Bullish Change of Character. Now we still have a Weekly Supply Zone above that hasn't been mitigated on the DXY and this will be the move I am looking to capitalize on for Gold Dropping Short...Here's what I see currently and what I'll be looking for as final confirmations to enter the market Short if and when we can see the following play out...
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1) Price is currently trading above a Minor Support Level around ($2023.00) on the Higher TF's.
*I want to see candle closures on both the 30&15m TF's underneath the support level ($2023.00) (indicating IMO sellers are present and gave strong conviction behind the move down and broke support.)
2) I want to see price at least wick the bottom of this 1Hr candle low ($2020.20) which would be a 1Hr Bear CHoCh. (indicating IMO sellers are present and gave strong conviction behind the move down and wicked the 1Hr low.)
3) We are trading inside a 1Hr demand zone however, If we can see the following take place that I stated in steps 1 & 2 then we have the Highest Probability of demand failing due to uncommitted buyers failing to pushing price higher and breaking supply.
*Remember there can only be 1 strong hand! Ask yourself (Who's in control Currently) according to what PA is telling you. Supply and Sellers or Demand and Buyers. There can only be 1...
4) If price can break with candle closure underneath support ($2023.00) and wick 1Hr candle low ($2020.20 *****Then I'll be interested in going short Playing the Retest of the Support and targeting the next minor support level around ($2010.00) Roughly around a 1,300 pt move. WE can easily catch a solid +2.5-3R % depending on your management criteria...
5) On the Daily TF, Sellers have officially broken the eR/LQ trend to the downside, which is our 1st Major confluence the market could start selling off short. Therefore, giving this trade more stats to being HIGH PROBABLE IMO!!!
***Also we are trading underneath the RED V-Wap as a last cherry on the top confluence...
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***Nothing is set in stone in these markets. We play the game of #'s & Probabilities. Management and growth of the portfolio is our JOB. Our skillset is the reading of PA and determining when and where to participate!! We DO NOT SLIP!!!!
Now Lets sit back & Stalk like the Saltwater Croc!
Remember to always follow your HOUSE Rules!
The Key to your long-term Survival!!
#BHM500K

Comentarios:

The Market is officially OPEN! Now remember this is the BIG move we are looking to capitalize on for the week. We needs Sellers to break to the downside. Breaking past support and causing a 1Hr CHoCh... Then we will look to enter Short...Remember nothing is set in stone we play the game of probabilities. Now lets sit back N stalk like the saltwater CROC!! Remember to Manage your portfolio as a professional...
+2.5R % Gain this Week!!
#BHM500K

Comentarios:

We have officially received the notification where price wicked out 1Hr CHoCh...
Now I set my Limits on Gold covering the high and we wait patiently for the Tag...
Lets remember to manage as a professional nothing short of that...
Shalom+
#BHM500K
(+2.5R) Calling it now!

Operación activa:

We have been tagged in...
Now we Manage as Professionals...
NO EMOTION...JUST TRADE THE SYSTEM!
ALWAYS FOLLOW HOUSE RULES!!!
Shalom+
#BHM500K

Operación activa:

I have moved my position to Breakeven. Now a risk free trade. Lets get this to our target!!!
#BHM500K

Comentarios:

Still Holding...

Operación activa:

Trailed my stop above the 15m inside bar...Im willing to accept if price hits it...Still will secure 1.5R if hit... However I am still holding to push TP!!!!
-Management500K

Operación cerrada manualmente:

Closed it.....Held On as along as I could ahaha....This s**** aint easy ahahah
Great day of Management...Secured 2R % Gain!!!
Shalom+
#BHM500k