A1 Trading

My Crazy Trade On Gold: Up $8000

May 17, 2024

Hey Traders!

This week has been wild for Gold! Thanks to insights from the EdgeFinder, I've been in a trade on XAUUSD since May 3rd. Initially, I jumped in due to weak jobs and PMI data, sticky inflation, and solid support/market structure. Here’s a quick look at my gold trade:

Entry Recap:

  • Date: May 3rd
  • Reason: Weak jobs and PMI data, sticky inflation, strong support/market structure.

On May 13th, I added more size to my trade as the signals continued to look strong.

The EdgeFinder's Rare Reading

This Wednesday, The EdgeFinder gave a reading I've never seen before. Every Indicator for Gold was flashing bullish, giving it a +16 score — the most bullish reading possible!

Adding to my position

Yesterday morning, riding on this extremely bullish sentiment from the EdgeFinder, I decided to add to my position. Stay tuned for more updates in the VIP Discord! Here’s a recent update on the position:

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Happy Trading!

Nick Syiek

The EdgeFinder

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