ObakengNthoiwa

ObakengNthoiwa Updated 

XAU/USD is in a strong bullish trend, with price breaking above the bearish order block at 3,450–3,460 after filling the FVG at 3,410–3,420. The break above 3,472 suggests a continuation toward 3,500, where buy-side liquidity may be targeted. A pullback to 3,450 (now support) or 3,410 (bullish OB) is eminent before the next leg up. Watch for confirmation during...

ObakengNthoiwa Updated 

The sharp drop from 1,803 created an FVG around 1795–1800, which price is currently filling. A rejection at the bearish order block (1800–1803) could lead to a bearish continuation toward 1790 or lower then expect a bullish reversal targeting 1810–1815. then 1850. & then 1963 & so forth & so on. Watch for confirmation during the London or New York kill zones.

ObakengNthoiwa

Buy Setup: Entry: If price holds above the 50 EMA (around 3,327) and the FVG (3,300–3,310), a buy entry could be considered. Stop Loss: Below the recent swing low at 3,315.676 or the FVG low at 3,300 for a more conservative stop. Target: The next liquidity pool high at 3,380.00

ObakengNthoiwa

I am expecting a drop to 3,283–3,290 then a bullish reversal because of the bullish FVG at 3,283–3,295, but 1st expect stop runs before a continuation up (Below 3,283) to the resistance at 3,332 where there is a sell order block(institutional sellzone).

ObakengNthoiwa

Retracements from new high are eminent, unless fundamentals sponsor a continuation higher

ObakengNthoiwa

Price made a higher high at 99.836, breaking the previous lower high. This suggests a potential shift in structure to bullish. Buy Stops Above Highs: The high at 99.836 likely took out buy stops from traders expecting a breakout above 100.000. ICT emphasizes that smart money often hunts liquidity above equal highs or below equal lows. Bearish Order Block: The...

ObakengNthoiwa

Expecting a reversal to take out previous day high during LDKZ.