XAUUSD/GOLD MAJOR ALGO
Updated
For the past week the price of GOLD is on the rise, if you understand this idea then we wait for confirmation on shorts, For me the real algo is to clear the highs, if the algo not clearing it then this all ideas are invalid.
If price only test then we will wait for the price to clear.
NOt doing anything unless it has confirmation on higher timeframe.
Most short sellers are on Trap on this moves, they dont see the higher context on GOLD, yes we might go back to 1800 but its a long shot to wait. now we just wait for the price to clear this highs.
This is not a financial advice,
Follow for more weekly updates on GOLD/XAUUSD.
If price only test then we will wait for the price to clear.
NOt doing anything unless it has confirmation on higher timeframe.
Most short sellers are on Trap on this moves, they dont see the higher context on GOLD, yes we might go back to 1800 but its a long shot to wait. now we just wait for the price to clear this highs.
This is not a financial advice,
Follow for more weekly updates on GOLD/XAUUSD.
Trade closed: target reached
2140 GOLD PRICE REACH MY EXPECTATION. THIS IDEA closed. Im waiting for short when a multiple confirmation this week.If you trade on intraday today. you win. 70$ moves early. or 700pips
Note
I will update this once price reach 1810. THE highest liquidity grab for 3 years on premiums of gold. 70$ on monday. Imagine shorting 2133..thats the best trade of my whole year.See you next year For GOLD updates.
Trade closed: target reached
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