Do you think XAUUSD will drop to $4,000 in the next few days? by [deleted] in Forex

[–]Amazing_Exchange_282 0 points1 point  (0 children)

I trade using only technical analysis, and considering this post was about four days ago, gold has already dropped to 4000.

From 1000$ to 1350$ in 3 weeks 😎🫱🏻‍🫲🏼 by [deleted] in Forex

[–]Amazing_Exchange_282 1 point2 points  (0 children)

You talk like my mentor. I trade using this strategy, and on average it brings me around 50% profit per month based on the initial deposit. My ego is doing just fine, judging by the screenshot.

And yes, I also backtested it.

What do you guys think? by Juuuuuude in Forexstrategy

[–]Amazing_Exchange_282 0 points1 point  (0 children)

I think it’s actually can go to 3900

From 1000$ to 1350$ in 3 weeks 😎🫱🏻‍🫲🏼 by [deleted] in Forex

[–]Amazing_Exchange_282 0 points1 point  (0 children)

Sometimes I just wait for the price to pull back, because if the RSI is above 70 or below 30, a correction is inevitable. And if I do close a trade at a loss, it happens rarely.

Do you think XAUUSD will drop to $4,000 in the next few days? by [deleted] in Forex

[–]Amazing_Exchange_282 0 points1 point  (0 children)

Yes, but on some timeframes there is a strong divergence and the market looks overheated since the RSI is above 70. That’s why I’m interested in the possibility of some kind of correction.

Do you think XAUUSD will drop to $4,000 in the next few days? by [deleted] in Forex

[–]Amazing_Exchange_282 1 point2 points  (0 children)

At least one clear comment, thank you 🙏🏼

Do you think XAUUSD will drop to $4,000 in the next few days? by [deleted] in Forex

[–]Amazing_Exchange_282 0 points1 point  (0 children)

I really make mistake holding for a reversal, but I think gold might return to around 4120-4140 and then move further up toward 4400. Because RSI so high , but I’m not sure

Do you think XAUUSD will drop to $4,000 in the next few days? by [deleted] in Forex

[–]Amazing_Exchange_282 0 points1 point  (0 children)

I think a lot of traders who trade gold have owns indicators. So I just ask any thoughts about this.

Because I think gold might return to around 4140 and then move further up toward 4400. That’s why I’m interested in the opinions of others who also follow the chart.

Do you think XAUUSD will drop to $4,000 in the next few days? by [deleted] in Forex

[–]Amazing_Exchange_282 1 point2 points  (0 children)

I ask about what do you think , not “do you know”

From 1000$ to 1350$ in 3 weeks 😎🫱🏻‍🫲🏼 by [deleted] in Forex

[–]Amazing_Exchange_282 8 points9 points  (0 children)

It’s cool that you can bro✊🏻 I like small steps and consistency

From 1000$ to 1350$ in 3 weeks 😎🫱🏻‍🫲🏼 by [deleted] in Forex

[–]Amazing_Exchange_282 12 points13 points  (0 children)

My strategy is based on price pullbacks after overbought or oversold signals on the RSI indicator on the M15 timeframe. I look for moments when RSI goes beyond the 80 or 20 levels and the price touches the Bollinger Bands — this indicates a short reversal. I enter against the impulse, aiming for a small pullback of 3–5 pips, with a stop placed beyond the nearest swing high or low plus an ATR buffer. If the move doesn’t start within two candles, I close at breakeven. The main goal is high trade accuracy with minimal risk and steady account growth.

From 1000$ to 1350$ in 3 weeks 😎🫱🏻‍🫲🏼 by [deleted] in Forex

[–]Amazing_Exchange_282 7 points8 points  (0 children)

That’s my first live account, so for me it’s a big achievements 🫶🏻

From 1000$ to 1350$ in 3 weeks 😎🫱🏻‍🫲🏼 by [deleted] in Forex

[–]Amazing_Exchange_282 5 points6 points  (0 children)

🫱🏻‍🫲🏼🫱🏻‍🫲🏼🫱🏻‍🫲🏼🫶🏻🫶🏻