A BUY and a SELL on GOLD (5 mins/15 mins TF)Hello guys,
According to the chart, it looks like most traders are sellers in the market. However, the price needs to rise a bit more before a sell movement begins.
An important note: I see an uptrend for gold in the higher time frames (HTF), so all positions should be scalped with a small stop-loss (SL). Please be careful and manage your entry volume accordingly.
Let me know your thoughts on these positions.
Mpz
Gold - Bullish or BearishDear friends,
Based on the daily analysis of the DXY chart, I anticipate an upward movement for this chart. Therefore, I expect a higher likelihood of a bearish trend for other charts related to USD.
Given the highlighted FVG block on the chart, do you agree more with the potential bearish movement #1, or do you find the potential bearish movement #2 more likely?