XAUUSD - How I caught 580 pips on Gold almost zero Drawdown๐Ÿ’ฐ๐Ÿ’ฐ

Hello Traders๐Ÿ˜ƒ
I have decided to make this educational post on a trade I took on the 5th of may which took profit after NFPโœ…
I believe there is a struggling trader who may be having difficulties putting it all together and creating a simple trading plan.
The first thing to remember is that trading is probabilities so we try to get as many reasons as possible in our favor before placing any single trade
If you see most of my ideas I highlight if a trade is medium probability or high probability and itโ€™s mostly backed by these factors,
The more factors in my favor, the higher the probability โšœ๏ธ
In this trade I simply used these 5 reasons to get on this trade and all criteria was met perfectly.โœŠ๐Ÿฝ
You donโ€™t need a magic indicator or a lot of lines on your chart to be profitable
Remember simplicity is the key ๐Ÿ”‘

Just these 5 factors helped me to secure 580 pips on a single trade with a healthy risk to reward too.๐Ÿ˜Š
I caught a similar trade on the 15th of April which Iโ€™ve linked below and you can see the factors above

Keep things simple and repeatableโ™ป๏ธ

God bless you๐Ÿ˜Š
I wish you all a profitable trading career

Slickโšœ๏ธ
GoldgoldanalysisNEWSnfpSupply and DemandSupport and ResistanceTrend AnalysisXAUUSD

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