NZDCAD sell Bias Network session Price hit my Daily Point Of Interest (POI) 0.81466 and didn't close above it. There's H4 rejection. 🫴
This is a sell bias for me. Hence I moved down a lower TF to check for Sweep of liquidity and a break to the downside. H2 shows that perfectly.
I'll be looking to sell from 0.81414 and my draw on Liquidity is 0.81031.
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Dailybias
[Daily Bias] Gold - Thu 091212024 - Drop lower Following the significant drop after yesterday's CPI release, I anticipate further downside today, especially as the market transitions from the Asian to London session.
If the previous day's Value Area Low (VAL) holds, we may see a retest of the Value Area High (VAH) or the Developing Point of Control (DPOC). However, if the VAL fails to support the price, a deeper decline is likely
[Daily Bias] Gold - Wed 09112024 - Continue RallyThe price is rallying with strong momentum, and I expect the rally to continue today following the CPI release. I anticipate two possible scenarios:
The previous Value Area High (VAH) holds, allowing the price to continue its upward rally after the CPI release.
The price pulls back into the previous Value Area, holds there until the CPI release, and then resumes the rally
[Daily Bias] Gold - Mon 09092024 - Selling dayAfter a significant drop on Nonfarm Friday, I'm looking for selling opportunities today. There are two potential scenarios:
If the price rallies up to the previous Value Area Low (VAL), I will look for a selling opportunity once it starts to drop again.
If the price cannot be rejected at the previous VAL, I will consider selling at the latest Developing Volume Point of Control (DVPOC)
[Daily Bias] Gold - Fri 09062024 - Dropping to the POCYesterday, the price experienced a significant rally and reached the naked Point of Control (POC), where it currently appears to be holding. We anticipate a potential retracement to test a key support zone below before making another move.
The price may decline if the previous POC holds.
Alternatively, the price could rise to test the previous Value Area High (VAH) before potentially dropping again
[Daily Bias] Gold - Thur 09052024 - Dropping to the POCCurrently, the price is at the Point of Control (POC) from Tuesday's declining session. If Wednesday's Value Area High (VAH) is able to hold, the price may drop further to test the Value Area Low (VAL), potentially leading to a significant decline towards the naked POC below
[Daily Bias] Gold - Wed 09042024 - Ranging inside VAThe price opened within the previous Value Area, so we have two scenarios today (be cautious of the news in New York):
If the VPOC does not reject the price, it may continue to rally and test the VAH.
If the VPOC rejects the price and the VAL cannot hold, the price may drop significantly, potentially leading to a big move following the news.
[Daily Bias] Gold - Thu 08292024 - Sideway & Big move NYPrice opened within the previous value area, suggesting sideways movement within this range during the Asian and London sessions. With news expected at 19:30, anticipate a significant move, likely continuing upwards after a major sweep of the bottom.
SILVER (XAGUSD, SIL1!) Daily Bias... BULLISH!You see we have a bullish BOS, it formed a +FVG, pulled back to the +FVG and the BOS, found
support and rallied towards the highs... forming another +FVG.
The expectation is for price to tag pull back into the +FVG and rally to the buy side liquidity.
If price runs the BSL before pulling back into the +FVG, then the probabilities of prices going
higher are significantly lower.