Our fundamental analysis is bullish for gold, thus i will be mainly focusing on buys next week.
The key level to focus would be our previous H1 FVG + Resistance level at 2339-2343.5. If price rejects this level, we could see a bearish pullback back into our range to collect more liquidity.
However, if price breaks above this zone, we could see a bullish breakout towards our H4 BB + FVG + OTE overlapping zone at 2354-2366.5. This is a huge zone, so if price taps into it, i will monitor for potential sells only if we see a bearish CHoCH and a bearish FVG to give us confirmation that sellers have step into the market before we look for potential pull-back entries.
Higher probability buys at our H4 flip zone 2319.8-2313.6.
We dont have many big news next week except for PMI on friday. Thus, lets focus on smashing the markets.
DISCLAIMER : SHARING BEST ANALYSIS BY BEST TRADER ORIENTFX. NOT BY ME.
The key level to focus would be our previous H1 FVG + Resistance level at 2339-2343.5. If price rejects this level, we could see a bearish pullback back into our range to collect more liquidity.
However, if price breaks above this zone, we could see a bullish breakout towards our H4 BB + FVG + OTE overlapping zone at 2354-2366.5. This is a huge zone, so if price taps into it, i will monitor for potential sells only if we see a bearish CHoCH and a bearish FVG to give us confirmation that sellers have step into the market before we look for potential pull-back entries.
Higher probability buys at our H4 flip zone 2319.8-2313.6.
We dont have many big news next week except for PMI on friday. Thus, lets focus on smashing the markets.
DISCLAIMER : SHARING BEST ANALYSIS BY BEST TRADER ORIENTFX. NOT BY ME.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.