Coming straight into the Monday session with another bullish bias on gold. We've maintained a bullish outlook on this pair for several months, despite briefly shifting to a bearish bias for a few days before returning to a bullish stance. This shift aligns with our daily bias indicator, as clearly outlined in our trading system's rule set for the week.
As always, we’re looking for a run on any high-liquidity or relatively high-liquidity lows. If such an interaction occurs, it can serve as a cue to enter the market in our bias direction. Our targets remain the highs, and we anticipate gold creating another all-time high from its current levels.
This is, of course, a purely expansive scenario. If we see a pullback, price may reach a more favorable region for buying opportunities. Gold is a highly expansive pair, and we recognize that the probability of a pullback is just as likely as price continuing to expand without retracing.
With that in mind, we may not always find an entry to follow this move higher—but that’s completely fine. We follow our plan, manage our risk, and let Orion guide us.
As always, we’re looking for a run on any high-liquidity or relatively high-liquidity lows. If such an interaction occurs, it can serve as a cue to enter the market in our bias direction. Our targets remain the highs, and we anticipate gold creating another all-time high from its current levels.
This is, of course, a purely expansive scenario. If we see a pullback, price may reach a more favorable region for buying opportunities. Gold is a highly expansive pair, and we recognize that the probability of a pullback is just as likely as price continuing to expand without retracing.
With that in mind, we may not always find an entry to follow this move higher—but that’s completely fine. We follow our plan, manage our risk, and let Orion guide us.
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Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Related publications
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.
Our FREE trading community & FREE YouTube content!
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Related publications
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.