Right now, I see gold consolidating within the equilibrium of the previous downtrend price leg, with price violating a key supply zone. The violation suggests potential upside movement, and I’m watching for a mitigation of the latest demand zone. However, within the overall price leg, this is not an ideal price to enter long.
If price breaks below the local...
Currently, I see the FTSE 100 in a short-term bearish phase, having broken the last key demand zone that supported the BOS (Break of Structure) to all-time highs (ATH). This signals that bearish momentum could continue, with price potentially seeking lower liquidity before finding support. However, my long-term outlook remains bullish, with the earliest signs of a...
Currently, I see the FTSE 100 in a short-term bearish phase, having broken the last key demand zone that supported the BOS (Break of Structure) to all-time highs (ATH). This signals that bearish momentum could continue, with price potentially seeking lower liquidity before finding support. However, my long-term outlook remains bullish, with the earliest signs of a...
