
Jesse Trading
3.2K posts



Once Iran has nuclear weapons, they will shut down the Strait of Hormuz. Oil will be over $300/Barrel. Iran'… (cont) deck.ly/~HK7P0

XAUUSD Update D1: Price has broken above the 506x–5117 zone (see Image 1). H4: Trendline breakout confirmed. Price is currently retesting the trend. However, the 5000 break came with a long lower wick, so there is still a risk of a fake breakout. The market may move into a Wyckoff-style sideways phase (see Image 2). H1: Price appears to be forming the final Wave 5 (see Image 3). Wave 5 could extend toward 48xx if selling momentum increases, or it may have already completed around 496x. At the moment, the gold cycle on the Daily timeframe looks difficult to trade, as the structure suggests a large range / sideways environment. Candlestick structures across timeframes are showing conflicting signals. Currently, only Value Zone is supporting a short bias. Trading Plan The 5300 upside target is still open, but there is no clear Buy entry yet. Possible scenarios: • If price drops to 48xx, consider Buy based on H1 Wave 5 completion. • If Daily closes above 506x, Wyckoff structure suggests ~80% probability of stronger accumulation and clearer Buy setups. Right now, timeframes are not aligned, so the best approach is stay out and wait for confirmation. If trading the Value Zone Sell setup: • Use strict SL • Apply proper capital management If SL is hit 2–3 times consecutively, it’s better to step aside, as this usually signals a large sideways range, where VGT setups tend to lose effectiveness. Always prioritize risk management. Good luck and have a profitable trading week. 📊




















