At the moment I am holding BUY XAUUSD and expecting a move higher towards the 3R and 4R targets.
Let’s see if we can get a continuation push higher this week or the next.
Stop loss has since been raised to entry level. Trade is risk free.
XAUUSD 1 Hour Chart July 9 2025 (Entry)
XAUUSD 1 Hour Chart July 21 2025
A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
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