JennAJA
Just the start of the Bearish move. Like I analysed. For now, we're selling till 3315. Check my last analysis. What do you think?
Gold has been on a correction spree now, with short term buys. On the monthly timeframe, Gold is completely OVERSOLD. From my analysis on the daily timeframe, the bear power is more, we'll keep selling to our poi, which is our order block at 3025-2975. Gold needs to make a huge correction by coming down past the inducement point at 3122 before hitting the order...
Price just swept liquidity, and is about to buy once it taps the drawn order block at 3,321. Let's hope the week ends well. What do you think about this analysis
Right after gold hit it's all time high. ATH. Viewing from the daily timeframe, it created an inducement, which we've been waiting for, for a while now. We've our inducement at 3,201. Right where my alert is set at. Hoping it takes it down to our breaker block right at 3,164 and 3144, where the buys can start coming in. Major trend for gold is still Bullish, so...