Nofomo
GOLD REVERESED! Looking for the breakout!We got some news Tuesday that shifted the direction of the pullback and now looking like we might just break out. if we can make it above yesterdays highs and closed on the H4 then I think it will be safe to look for higher levels. but if it breaks down from here then we could still see it reach for Liquidity. We just have to be patient in waiting for price to show its hand.
Gold is Setting up for a Move! Could it be a big one?Looking for price to set up for a solid move. One thing is for sure we are waiting for the killzones before taking any action. The price action the last few days has been giving fake outs just before we roll into the killzone. Be patient. Wait for things to line up.
Gold Looks Bullish. But need more confirmation! Looking for more supporting signs that gold is ready to go bullish. I think it will pull back first. But waiting to see where price is at inside of the killzone before making any decision on direction. Being that it is Monday price could end up acting flaky on action. So keeping expectations low.
Gold Still bearish for the momentLooking for gold to fill in a Bullish gap before I consider longs. price is pretty bearish this week and im thinking it due to the contract roll and month end close. Looking for price to find some area of support before considering going Long. As always we wait for the Killzones.
Market Closed, Breaking Down Gold Outlook...While the market is closed you take the time to clear you thoughts and reset, preparing for a new week. making notes on what I'm thinking we can expect from Gold the coming week. I'm thinking they want to move bullish but I need to see how they want to play it Monday. Monday needs to break levels and hold above those levels to give more confidence hat they want to push bullish. We should find a entry after seeing that.
Gold had Swept Lows and Filled Bullish Gaps! Reversal next?This is price action that I was patiently waiting for. Now that we have that sweep lows Im looking for signs price want to turn around. It can remain bearish for now. But Im expecting to see something clear by the time we get inside of the killzone.
Retrace Complete...but we need 1 more Sweep on Gold!This pullback is what I waited for and it took all week for it to happen. Not sure if I will get the bullish move today being that it is Friday. But if they hit the level I'm looking for I will try at least once. Keeping expectations low since its the end of the week. but things are shaping out for us to have a STRONG bullish week next week.
Gold Should complete the Retrace before giving another DirectionWas expecting the pullback. Now I just need to wait for it to finish before trying to buy it. Price should give us a solid confirmation when its finally ready. want to see them take out some lower levels first. If price gives up a entry during Asia session we could see a nice short.