Waleed Al-Kubaisi on Tharwa: gold insights
The article discusses Walid Al-Kubaisi's approach to analyzing the gold market (XAU/USD). It emphasizes understanding price movements by interpreting market behavior, time, and trader reactions, rather than relying solely on economic news or support and resistance levels. His analysis integrates Elliott Waves, price behavior, and temporal concepts, focusing on understanding why the market stalls at certain levels before making a significant move, rather than just predicting the target price of gold. He highlights the importance of timing the moves and anticipating scenarios based on trader behavior before they occur, aiming to develop a balanced methodology that reduces dependence on uncertain forecasts. He believes that the market does not provide absolute certainty, and that understanding the relationship between price, time, and market behavior is key to making more informed decisions, especially in a fast-changing market like gold.
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