XAUUSD : you need wait for Uptrend

Friends, the price has returned to the initial point, but it's showing a selling mood now. We need to wait for the U.S. market to see how it behaves.

+200 PIP

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My guess was right — the price dropped. Now we just have to wait. I expect it to bounce back from the weekly buy limit zone.🤔

Which indicator in the market can show entry points as buy limit and sell limit orders?😁😁😁

This indicator is the result of over ten years of my experience in the financial markets.👍

Wiki Robo Indicator Setup Guide

Dear traders,
Today, the WikiRobo indicator is showing a daily sell limit point at the top.
This means there's a possibility that the price may reverse from that level.

The best approach in such situations is to partially take profit on any open positions you have and move the rest to risk-free.

Of course, I only point out the entry levels — the final decision is yours.

"Setup tutorial video link for the WikiRobo indicator"
@wikirobo

Currently, the gold trend on the 4-hour timeframe is in a sell position. However, the price is in the weekly buy limit range, and there's a high probability of price growth. The red line I've drawn should be your stop loss level. You can wait for the U.S. market; if the trend moves upwards, you can enter the market.

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@forexnewsworld

To enter a sell position, you should wait for a trend reversal from the monthly sell limit point, and for a buy position, wait for the price to reverse from the 4-hour buy limit point.

Alternatively, you can trade on lower timeframes with tight stop losses.

To find entry points, you can use the WikiRobo indicator which we have shared in the channel.

@wikirobo

Look, unlike most indicators that show moving averages,
this indicator displays two prices when a candlestick is formed: one for Buy Limit and the other for Sell Limit.

When the price reaches the entry point, there are two possibilities:
either the price breaks that level or it bounces back from it.

The higher the timeframe, the more reliable the signal is.
Personally, I usually choose the entry points on the 4-hour timeframe —
but only if the stop loss is less than 30–40 pips.
Then, when the price reaches the entry point, I wait for a reversal pattern on the 15-minute timeframe.
If I see a reaction to the entry level, I enter the trade.

example

Gold is trending upwards, don't look for selling positions right now.

The price reached the H1 limit sell point. You can move sl to entery point or save it
+60 pip