XAU/USD Nice move from market
Updated
Bias today is down - I prefer to Short more than Long
Plan 1: Sellers continue breaking by Strong Buyers Zone and price move down to 1912
Plan 2: Price is protected by Strong Buyers Zone and price increase to 1927, which has big volume from Sellers. I think we will see a litigation for this area but Sellers will take advantages and Price move down to 1912
Plan 3, just my vision. Price breaks and move above the yellow circle then we can take risk a Long trade to zone 1930 or 1940
These are my plans but it still a possibility :) Have a good day guys!
Ray
Plan 1: Sellers continue breaking by Strong Buyers Zone and price move down to 1912
Plan 2: Price is protected by Strong Buyers Zone and price increase to 1927, which has big volume from Sellers. I think we will see a litigation for this area but Sellers will take advantages and Price move down to 1912
Plan 3, just my vision. Price breaks and move above the yellow circle then we can take risk a Long trade to zone 1930 or 1940
These are my plans but it still a possibility :) Have a good day guys!
Ray
Note
The reason I tag volume profile is tradingview only let me show 30m. Tomorrow I will update volumeprofile indicator :)Note
Strong Limit Sell at 1929 with more 130 contracts - Let see Buyers can break above this level or notTrade closed: target reached
I will say plan 3 is so far so good. Price Move down but Buyers joined aggressively and break the red line = yellow circle => Rejection Buy happened and the price reached to 1930. Let see if the price can move to 1940 or not :)
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