Following the post NFP movements, gold exhibited significant volatility, oscillating between the defined liquidity zones. The key area of interest is the notable imbalance zone between 2015-1997. This zone underpins the current market structure, suggesting potential upward movement towards the 2080 and 2090 liquidity areas. The anticipation of price rejection...
On Monday and extending through the week, there's a discernible bullish momentum. The key area of interest lies in the supply zone between 1930-1950. There are two plausible scenarios to anticipate: The market could experience an immediate surge, surpassing the supply zone ranging from 1930-1950 without significant resistance. Alternatively, we could observe a...
EURJPY has been showing a bullish trend on the high time frame, although it has been range bound since August 30, 2023. The price action has recently touched down on a key demand zone ranging between 157.11 and 157.32. I plan to wait for a clear bullish break of structure (BOS) along with positive price action and momentum before entering a buy position. My target...
I initially planned to share this on Sunday evening, but given that I'm including my personal trading strategy, I've decided to release it on Saturday instead. This way, someone might find value in my approach and have ample time to understand and implement it in their trading for the upcoming week Bullish Scenario Institutional Bias: If institutions...
Today, the gold market broke structure under the 1905 level and retraced back into the most recent supply zone at 1909 - 1911 without breaking it upwards. This behavior suggests a continued downward trajectory, potentially breaking the psychological 1900 level and reaching our main demand zone at 1894 - 1889. However, should the market break above this recent...
The gold market has exhibited a significant Break of Structure (BoS) downwards at 1915.41 on the 1-hour time frame. This indicates a strong bearish bias from institutional players. The market is expected to either retest from the Demand Zone at 1907-1903 or continue its downward trajectory towards a lower Demand Zone at 1894-1889. Despite the presence of liquidity...
Today, the market exhibited a slight bearish trend, aligning with the overall high-timeframe bias. However, it appears that institutional investors are still eyeing a brief bullish run to accumulate more liquidity before driving the market downward. Exercise caution and refrain from selling until a strong bearish market movement is observed. Best of luck to both...
Despite recent bullish fluctuations, the overarching market sentiment for XAUUSD remains bearish on the high time frame. This trade idea leverages the bearish HTF sentiment of XAUUSD to identify sell opportunities at strategic POIs. The goal is to capitalize on the anticipated bearish run towards the 1900 level and potentially further, barring any significant...