When NFP released on Friday, Gold hunted liquidity on both sides. Price reached the 4hr supply zone during PMI release. Next week anticipate Gold to take sell side liquidity before continuing the bullish narrative. Wait for candle confirmation, price may retest into 4hr supply zone again. However, if price breaks 2066 I am bullish toward 2089+
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Gold sweeped the low and reversed right at the previous demand zone. Hope you guys were able to capitalize off this play today.
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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.