Dovish or hawkish. As Trump has been elected as the 47th President, we experienced some movement in the markets with gold reacting bearish... Today with interest rates i believe the dollar will strength and push gold lower inline with the trend
Gold is yet to drop along with positive USD news... Go short after seeing price rejection and showing momentum on smaller TF. This is not financial advise
DXY is currently looking shorterm bullish, which is in favour with our GOLD correlation. Going into next week.. I want to see the doollar retrace and then buy
DXY is currently looking shorterm bullish, which is in favour with our GOLD correlation. Going into next week.. I want to see the doollar retrace and then buy
Gold has recently tested the 4H FVG and immediately rejected that level, inline with the bullish USD news. Next week i would like to see price create a LH to confirm true bearish structure
yesterday i was looking for sells prior CPI , although the numbers were low. todays sentiment still doesn't change as i expect another push after this retracement. the HUGE green block is my FVG and the other 2 consists of OB and FVG
i am expecting price to react from that 2312 level creating and double top continuation pattern in line with the sell structure. yesterday we had the same outcome as CPi with PPi ...buy the news, sell the fact. hence im still sell biased
Should price close bullish into the previous support on the hourly TF ,creating a breakout and break back in while hitting SL. i will then patiently wait for bullish market structure
I anticipate price to continue pushing bearish.. Following NFP last week plus market structure.... NB:dont juno infront of a moving train
we have AMD in play and we are yet to enter NY session for our distribution. NB: USD NEWS!!! coming up ,patiently waiting for price to test our FVG, then look enter bullish
Gold triggered our buystop as anticipated with the dollar news being negative.... Locking max profits
it has been a very slow day but we have high volume news coming during NY session. with that said i anticipate gold to push higher provided that the news a negative which would also align with DXY currently
Gold is indeed pumping... Make sure secure profits... NY session is yet to pump it even more
Price is currently @ retest level, potentially showing signs of bearish momentum depleting, will gold gain ahead of PCE data?
Im anticipating orice to continue to push bullish back to the key level marked, following the CPI data release which was positive for GBP
Gold will be buying to the high, with the news release i also anticipate for NY session to push
Gold will be buying to the high, with the news release i also anticipate for NY session to push
Possibility of gold reaching the recent high, just waiting for bullish structure and price to actually retrace before pumping. NB : CPI NEWS AHEAD