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XAUUSD reclaim — the level I care about into next week

@koltonMentor
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XAUUSD chart — XAUUSD reclaim — the level I care about into next week
Gold pushed back above the level it lost on Wednesday and held it into the close. That reclaim is what I am watching, not the spike itself. If next week opens above it and builds a higher low, the structure has genuinely shifted. If it opens below and rejects, the reclaim was noise and I go back to waiting. Invalidation is a daily close back under the level. No position until one of those two things happens.

Posted by a community member. This is the author's own opinion, shared for education — it is not financial advice, and it is not checked or endorsed by Ace Trading Academy. Trading carries significant risk. Always do your own research.

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