Gold Bearish: - Signs and wonders - Liquidity taken at the top - Liquidity needed at the bottom. - Weekly bearish engulfing. - Pay attention to price
Gold has been very nicely bearish with good bullish pushes. Get a good order position and wait for it to move!
In the land, we find angles of discovery. Where one point matches the next point perfectly. The market is always in imperfect and the moment of dialect in perfection, in which market "offers" respect is where the magic lives. The chart is magic. Love it or Hate it. This is Gold.
Gold plays bullish - Rectangular squeeze - Gold building retail bullish momentum - Sell wave pressure will tip at end of downtrend scale. Wait for bearish move (candle close) preferably under the S/D order block that has been shown respected multiple times. Then TextBook Sell.
This is a 3 confluencer , national geographic tail spinner. - Angled downside - Push / Injection measured - SIBI (S/R) All these confluence to a lekker sell! Be Cool :)
Gold moved nicely to my angled line. The double bottom until the angled line was pin point inclusion of what Gold is able to do. Take a brief look at how bullish Gold is. Gold is moving North side. Weekly has given us an indication of bullish. This week the expectation is to go against the bulls - I am famous for it haha.
I started looking at charts again! Hold on tight, the mind is a lot clearer. - I am looking at Sells on GOLD. Gold seems to have reached a premium on Daily. - The three drive pattern has been established on D1. Then I went down further: Checked the double Bottom - angled it - then found a top that was premium - angled it. Now I am sitting back and waiting...
Gold is moving upward. Their intraday patterns that exist and can all be found. Idenitify opportunity, await the imprint and place your trade !
BTC has had a spike in movement. - Price pressure pushed to Volume Profile. - Volume profile refined to wick culture - Volume profile paid! A push into the level. And a drop. - Awaiting next liquidity grab. (Short in the short term)
So gold has been rising for the a significant amount of time. This week: - Golds Weekly has broken 1800. - Gold has instilled a bullish candle (D1) and has broken LT structure - Gold is headed for liquidity above greater bearish candle (look left) - Gold is headed for +-1812 for BSL. - Gold will retrace back to 1800 has a tribute for respect and shoot off. -...
Golden boy back at it again. -- Looking to pursue a sell to the downside so that we can collect more orders. -- Bullish push is slowing down. -- Awaiting bearish confirmation.
Looking at fibonnaci sequencing - We see an impulse move two - which is rather handsome. Impulse move 2 respected fib level - 0.618 - then on this move I used the Fibonnaci extension and found the extension level that matched the 0.618. This price level is on 470-482. At this level I see a potential bearish move to the next liquid zone. - 433B.