Hello Traders! This is my idea related to Gold M30. I expect a bullish move to close the FVG. The bearish sentiment on the market is still bearish, and I consider this indicator a good chance to look for long entries. My target is under the OB level. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
Hi Traders, Over the last few weeks we have seen gold decline after hitting strong resistance/supply at around 1830, following FOMC minutes, which was less a than anticipated result, gold spiked to find some liquidity around 1787 and crashed again finding support around 1737 area and resting the week on a weekly support around 1750. We find that gold has had a...
Good day, snipers. Here we are again on an analysis on Gold. I am looking for price to retest that support zone and 50% Fib Level before going for a long order, for better risk : reward purposes. This price movement is to be believed as a consolidation period after Gold hit all time highs since the past few years. We ride the overall uptrend and I will just be...