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
Bearish on gold, i have a sell stop in place for retracement
Price currently @ the LH level creating a potential double top. 1st sign of a sell, although wait for price to break the "trend line" and once it creates a LH, I'll scale down and look for sell momentum / structure
Waiting for a retracement (remember price expands and retraces), if price can create a support by the last high broken and show great 4h or 1h bullish momentum candle. This will be a sign for me to take longs
This is based off US data and market structure... If we get a Break and close below, this should validate our sells
price has recently tapped 1.25679 level with immediate shorts. We have a trendline break and a higher high break @1.25150 . If price does close below this level ( especially the Daily candle ) I will be looking for a lower high formation to short it futher
short idea on gold based on 1h bearish momentum and 15m structure currently @ possible retest
price has recently broken out of a range to the downside. I do expect continuation to the down side , whether it be your retest or price creating support then breakout or one could use scaling down techniques to find trend patterns