All fundamentals are point south for NU. Shorts on the horizon. imbalance to be filled and weekly demand to be met
XAUUSD shorts on the horizon this week. Liquidity spike on NFP Friday. downside is now imminent.
Fundamentals suggest clear buys. We tapped into a HTF are of strong demand and then price pushed up, resulting in a break of structure on the 4hr suggest market reversal. Entry is based upon 4hr demand.
Price tapped into the monthly OB and broke daily highs to confirm BOS. Daily supply much push AU up from this current price. Looking to fill further imbalance and meet our 2hr OB at profit line.
Heading up to 14hr OB. Price action is showing bullish force.
Currently in a buy position - but also seeing it fall a little more
Elliot wave - wanting to see a deeper retracement into 1740