CovenantFx

3 months ago

XAUUSD . I’m planning this 1200-pip swing trade for next week. Once the market opens, I’ll take a wait-and-watch approach. I believe gold will show a downside move after the opening because it closed above $4600, which suggests that random buyers stepped in during Friday’s NYC session. I expect those buyers to get trapped first, and then we could see a strong bullish move in gold, with a minimum target around $4710. The main reason I’m expecting buying pressure is based on the psychology from the past few weeks. Gold has already dropped to levels where a deeper correction was expected, and now late sellers have become active—especially below $4650. Because of this, many traders likely held overnight sell positions over the weekend, and there’s a high chance they could get trapped in the coming week. Also, avoid using limit orders. As soon as the market approaches our entry level around $4589, we need to wait for a proper reversal confirmation on the 3–5 minute timeframe before entering the trade. Once confirmed, we’ll enter with proper risk management and aim to ride the move. For a more detailed weekly breakdown, stay tuned. I’ll be sharing a complete psychological trading plan in the next few hours so you can trade gold more effectively next week—the situation is going to be very interesting.

Itsadiee1's tweet photo. XAUUSD .

I’m planning this 1200-pip swing trade for next week. Once the market opens, I’ll take a wait-and-watch approach. I believe gold will show a downside move after the opening because it closed above $4600, which suggests that random buyers stepped in during Friday’s NYC session. I expect those buyers to get trapped first, and then we could see a strong bullish move in gold, with a minimum target around $4710.

The main reason I’m expecting buying pressure is based on the psychology from the past few weeks. Gold has already dropped to levels where a deeper correction was expected, and now late sellers have become active—especially below $4650. Because of this, many traders likely held overnight sell positions over the weekend, and there’s a high chance they could get trapped in the coming week.

Also, avoid using limit orders. As soon as the market approaches our entry level around $4589, we need to wait for a proper reversal confirmation on the 3–5 minute timeframe before entering the trade. Once confirmed, we’ll enter with proper risk management and aim to ride the move.

For a more detailed weekly breakdown, stay tuned. I’ll be sharing a complete psychological trading plan in the next few hours so you can trade gold more effectively next week—the situation is going to be very interesting.

114

17K

3 months ago

@vib3zkid @Mwaveslimited @nairaprop I will say it again @nairaprop is a scam platform, posting fake payout ,pls don't trust them.i sent them my details to all their social media platforms till today nothing was done over 3 weeks now.They even blocked me on X and telegram platform for calling them out .

3 months ago

@vib3zkid @Mwaveslimited @nairaprop I made payment for prop account challenge they gave me a broker server Exnessmt5Trial9 that never work I reported on all their social media platforms they blocked me @nairaprop is a fraudulent platform

olus34573 retweeted

3 months ago

XAUUSD . GOLD WILL FOOL 90% OF TRADERS THIS FOMC 🤯 ARE YOU ONE OF THEM? So Wednesday is going to be very interesting because the market structure itself has become quite complex, and on top of that we have the FOMC press conference, which will make the situation even more volatile. Now let’s understand what I expect from gold on Wednesday and what my plan of action will be. Overall, the $4600 breakdown that we were expecting has already played out. Along with that, the support zone I mentioned around $4557–$4575 has shown a reaction, and we’re seeing a move up in gold. But this move should not be treated as a clean reversal — it’s more likely a setup to trap late sellers who entered at the bottom, and also to give false hope to bulls who already gave up. If you look at Tuesday, both $4700 and $4600 — two major psychological levels — were broken in a single day. This created panic in the market. Smart traders sold from the top, but retail traders entered late sells near the bottom. That’s exactly why my focus is now on those late sellers. Now the market has closed near $4600, so a lot of traders are holding sell positions below this level expecting further downside. But it won’t be that easy. Many traders will expect the same type of move as Tuesday during the Asian session — and that’s exactly where the trap will be. Not just sellers, but even buyers can get trapped on Wednesday before the real move begins. I expect the market to open flat or with a small gap up — just enough to trap those who sold near $4600. After that, I’m expecting a downside move initially. This will make people believe that the same bearish continuation from Tuesday is happening again, and many will start selling aggressively. But as soon as maximum participants shift to selling, I’m expecting a reversal during the Asian session. After the market opens, whatever high is formed in the Asian session will become an important target zone. The key psychology here is that after such a strong fall, most traders will try to catch the top instead of buying. That’s exactly the opportunity we need to use. My plan is simple: as selling increases, I will look to trap those sellers. The reason is that most of these sellers will be late entrants, and the market rarely rewards late sellers easily. Also, in the previous analysis, I mentioned the $4644 level — which was acting as strong support for several days. Gold was trying to sustain above it, but once it broke, we saw a sharp downside move. Now, an important observation is that the breakdown happened directly, which means many traders had sell limit orders below $4644 and are still holding those positions expecting big profits. But I believe until these traders are forced out — until the market makes them feel that buying is the right move — we won’t see a clean continuation down. So first, the plan is to trap sellers with zig-zag movements. Once traders who sold below $4644 also get trapped and buyers start entering confidently at higher levels, that’s when the market can again reverse and trap buyers, leading to another downside move. Also, keep in mind that the FOMC press conference is just 2 hours before market close. On such days, the market needs liquidity — which is why both buyers and sellers are often confused and trapped before the real move happens. So overall, the plan is: First trap sellers → then attract buyers → then trap buyers → and finally the real move. I hope this analysis makes logical sense and helps you prepare better for trading gold. Good luck — trade smart and stay disciplined. 🫵🏻

Itsadiee1's tweet photo. XAUUSD .

GOLD WILL FOOL 90% OF TRADERS THIS FOMC 🤯 ARE YOU ONE OF THEM?

So Wednesday is going to be very interesting because the market structure itself has become quite complex, and on top of that we have the FOMC press conference, which will make the situation even more volatile. Now let’s understand what I expect from gold on Wednesday and what my plan of action will be.

Overall, the $4600 breakdown that we were expecting has already played out. Along with that, the support zone I mentioned around $4557–$4575 has shown a reaction, and we’re seeing a move up in gold. But this move should not be treated as a clean reversal — it’s more likely a setup to trap late sellers who entered at the bottom, and also to give false hope to bulls who already gave up.

If you look at Tuesday, both $4700 and $4600 — two major psychological levels — were broken in a single day. This created panic in the market. Smart traders sold from the top, but retail traders entered late sells near the bottom. That’s exactly why my focus is now on those late sellers.

Now the market has closed near $4600, so a lot of traders are holding sell positions below this level expecting further downside. But it won’t be that easy. Many traders will expect the same type of move as Tuesday during the Asian session — and that’s exactly where the trap will be. Not just sellers, but even buyers can get trapped on Wednesday before the real move begins.

I expect the market to open flat or with a small gap up — just enough to trap those who sold near $4600. After that, I’m expecting a downside move initially. This will make people believe that the same bearish continuation from Tuesday is happening again, and many will start selling aggressively.

But as soon as maximum participants shift to selling, I’m expecting a reversal during the Asian session. After the market opens, whatever high is formed in the Asian session will become an important target zone.

The key psychology here is that after such a strong fall, most traders will try to catch the top instead of buying. That’s exactly the opportunity we need to use.

My plan is simple: as selling increases, I will look to trap those sellers. The reason is that most of these sellers will be late entrants, and the market rarely rewards late sellers easily.

Also, in the previous analysis, I mentioned the $4644 level — which was acting as strong support for several days. Gold was trying to sustain above it, but once it broke, we saw a sharp downside move. Now, an important observation is that the breakdown happened directly, which means many traders had sell limit orders below $4644 and are still holding those positions expecting big profits.

But I believe until these traders are forced out — until the market makes them feel that buying is the right move — we won’t see a clean continuation down. So first, the plan is to trap sellers with zig-zag movements.

Once traders who sold below $4644 also get trapped and buyers start entering confidently at higher levels, that’s when the market can again reverse and trap buyers, leading to another downside move.

Also, keep in mind that the FOMC press conference is just 2 hours before market close. On such days, the market needs liquidity — which is why both buyers and sellers are often confused and trapped before the real move happens.

So overall, the plan is:

First trap sellers → then attract buyers → then trap buyers → and finally the real move.

I hope this analysis makes logical sense and helps you prepare better for trading gold.

Good luck — trade smart and stay disciplined. 🫵🏻

233

56K

olus34573 retweeted

3 months ago

XAUUSD . 💀 IF YOU’RE LONG ON GOLD — READ THIS BEFORE IT’S LATE ⏰🚨 so as per our last week analysis, the structure we were expecting in the market and the levels below which we anticipated movement — along with the lower targets — were respected by the market. i hope the overall weekly analysis was helpful for all of you. now let’s talk about what could happen in gold in the last week of april and how we can plan our trades by understanding the psychology of big players (market makers). so overall, april was designed to invite buyers into the market and trap them at higher levels — and the market has done exactly that. if you remember, at the start of april i clearly mentioned that gold had been in a strong selling phase for several weeks, and no previous weekly high had been broken. the moment a previous week’s high gets broken and price sustains above it, buyers naturally enter the market due to breakout and change in character. because of this, above $4600 a lot of retail buyers entered the market expecting a strong reversal. but personally, based on april’s behavior, i don’t think those expectations will be fulfilled until the market traps these buyers. until these breakout buyers are forced out, i don’t see any strong institutional buying coming in. now if you look at the higher timeframe structure from 23rd march to 17th april, you’ll see higher highs and higher lows, which gave many price action traders confirmation of a bullish trend. but last week gave an important signal that many are still ignoring — the market failed to create a new higher high. still, some buyers are holding positions because the higher low hasn’t broken yet. but last friday, the market created a perfect trap. many retail traders saw it as a buying opportunity near the higher low and entered, expecting continuation — but in my view, these traders are likely to get trapped. if you observe closely, on 13th april there was strong buying from the asian session, and last friday the market took support from that same area and reversed. with price closing above $4700 and the higher high structure still intact, many traders bought in that zone. this has created a large amount of liquidity there — and i believe the market will target this liquidity with a panic selling move in the final week of april. from a structural perspective, the selling move looks more valid to me. the buying lacks a strong base and appears emotional — driven by hope rather than confirmation. one key level to watch is $4734. throughout the month, price attempted multiple times to sustain above this level but failed each time. even last week’s closing was below this level with bearish price action. this indicates that smart money is not interested in pushing gold higher right now. until current buyers give up and exit, institutional players are unlikely to deploy real buying capital. institutional money typically operates in two ways: creating fake moves to generate liquidity and attract retail traders using heavy capital to trap that liquidity once it’s built the buying above $4600 in recent days looks like liquidity generation to me. and in the final week of april, i expect the market to trap these buyers. now coming to my plan for next week: in the past two weeks, we’ve seen gap-down openings followed by recovery. but this week, i’m expecting something different — possibly a flat or gap-down opening without recovery, followed by continued downside. the reason is simple: friday’s low was formed near the same zone as the strong buying on 13th april. many traders bought there, with stop losses around $4650–$4640. i expect the market to continue selling, take out these stop losses, and potentially break the key psychological level of $4600. $4600 is not just a psychological level — it has historical importance. during the week of 6th april, monday’s low was exactly around $4600, and the market tested this zone multiple times but failed to break it. it also aligns with the change in character where gold broke previous weekly highs. this means a large amount of liquidity is sitting around $4600 — and that’s where my focus is. so overall, i expect: breakdown below $4600 continuation towards $4515 only after this kind of move do i expect real institutional buying to step in. this entire plan remains valid as long as price stays below $4734. { if the market opens with a gap up by mistake, my overall plan will still remain the same. i will simply wait for the market to hunt the liquidity created by the previous lower low selling, and then look for a reversal. once the market comes back below $4734 again, my plan will be activated. make sure everyone keeps this in mind.} i hope this detailed psychological analysis helps you understand the market better and adds value to your trading. trade with a plan and stay disciplined. also, let me know your view on gold 👇

Itsadiee1's tweet photo. XAUUSD .

💀 IF YOU’RE LONG ON GOLD — READ THIS BEFORE IT’S LATE ⏰🚨

so as per our last week analysis, the structure we were expecting in the market and the levels below which we anticipated movement — along with the lower targets — were respected by the market. i hope the overall weekly analysis was helpful for all of you. now let’s talk about what could happen in gold in the last week of april and how we can plan our trades by understanding the psychology of big players (market makers).

so overall, april was designed to invite buyers into the market and trap them at higher levels — and the market has done exactly that. if you remember, at the start of april i clearly mentioned that gold had been in a strong selling phase for several weeks, and no previous weekly high had been broken. the moment a previous week’s high gets broken and price sustains above it, buyers naturally enter the market due to breakout and change in character.

because of this, above $4600 a lot of retail buyers entered the market expecting a strong reversal. but personally, based on april’s behavior, i don’t think those expectations will be fulfilled until the market traps these buyers. until these breakout buyers are forced out, i don’t see any strong institutional buying coming in.

now if you look at the higher timeframe structure from 23rd march to 17th april, you’ll see higher highs and higher lows, which gave many price action traders confirmation of a bullish trend. but last week gave an important signal that many are still ignoring — the market failed to create a new higher high.

still, some buyers are holding positions because the higher low hasn’t broken yet. but last friday, the market created a perfect trap. many retail traders saw it as a buying opportunity near the higher low and entered, expecting continuation — but in my view, these traders are likely to get trapped.

if you observe closely, on 13th april there was strong buying from the asian session, and last friday the market took support from that same area and reversed. with price closing above $4700 and the higher high structure still intact, many traders bought in that zone. this has created a large amount of liquidity there — and i believe the market will target this liquidity with a panic selling move in the final week of april.

from a structural perspective, the selling move looks more valid to me. the buying lacks a strong base and appears emotional — driven by hope rather than confirmation. one key level to watch is $4734. throughout the month, price attempted multiple times to sustain above this level but failed each time. even last week’s closing was below this level with bearish price action.

this indicates that smart money is not interested in pushing gold higher right now. until current buyers give up and exit, institutional players are unlikely to deploy real buying capital.

institutional money typically operates in two ways:

creating fake moves to generate liquidity and attract retail traders

using heavy capital to trap that liquidity once it’s built

the buying above $4600 in recent days looks like liquidity generation to me. and in the final week of april, i expect the market to trap these buyers.

now coming to my plan for next week:

in the past two weeks, we’ve seen gap-down openings followed by recovery. but this week, i’m expecting something different — possibly a flat or gap-down opening without recovery, followed by continued downside.

the reason is simple: friday’s low was formed near the same zone as the strong buying on 13th april. many traders bought there, with stop losses around $4650–$4640. i expect the market to continue selling, take out these stop losses, and potentially break the key psychological level of $4600.

$4600 is not just a psychological level — it has historical importance. during the week of 6th april, monday’s low was exactly around $4600, and the market tested this zone multiple times but failed to break it. it also aligns with the change in character where gold broke previous weekly highs.

this means a large amount of liquidity is sitting around $4600 — and that’s where my focus is.

so overall, i expect:

breakdown below $4600
continuation towards $4515

only after this kind of move do i expect real institutional buying to step in.

this entire plan remains valid as long as price stays below $4734. { if the market opens with a gap up by mistake, my overall plan will still remain the same. i will simply wait for the market to hunt the liquidity created by the previous lower low selling, and then look for a reversal. once the market comes back below $4734 again, my plan will be activated. make sure everyone keeps this in mind.}

i hope this detailed psychological analysis helps you understand the market better and adds value to your trading. trade with a plan and stay disciplined.

also, let me know your view on gold 👇

205

217K

3 months ago

@jonnycrt @nairaprop @nairaprop is a scam platform using Exnessmt5Trial9 to decisive people I paid for account since 2 weeks now I can't trade because of fake server

3 months ago

@hydrafunding 200K

3 months ago

@nairaprop You guys are scammers

4 months ago

@nairaprop Scammers

olus34573 retweeted

4 months ago

#XAUUSD Every trader should have this mindset: if your strategy is strong, understand what trading really is—you're trying to take money from others while they’re trying to take yours. That’s why you need to become smarter and more strategic, with a unique way of thinking. If you try to make money with the crowd, you’ll usually end up in losses. Instead, learn to move with the big players—focus on institutional concepts. Retail strategies often fail because they follow the herd. So think differently, stand apart, and that’s how you win.

Itsadiee1's tweet photo. #XAUUSD

Every trader should have this mindset: if your strategy is strong, understand what trading really is—you're trying to take money from others while they’re trying to take yours. That’s why you need to become smarter and more strategic, with a unique way of thinking.

If you try to make money with the crowd, you’ll usually end up in losses. Instead, learn to move with the big players—focus on institutional concepts. Retail strategies often fail because they follow the herd. So think differently, stand apart, and that’s how you win.

4 months ago

@nairaprop @Mwaveslimited @ScottKimberlx @CfcTerryy @alpha168032 @BluFX @gonuh95 @nairaprop is scam platform, if you pay for any challenge with them, they will give you exness-MT5 Trial9 server that never work .All this giveaway is fake.

4 months ago

@Mwaveslimited @nairaprop Pls don't join them they are scammers