GJ providing a perfect buy entry with a tidy RR. 4HR order blocked reached in a very bullish market, to continue this bullish market we need to see this imbalance filled and to take out the highs, but to be safe I have TP at volume highs. No one goes broke taking profit!
Gold Melted past 2 days as we made a lower high on the daily and stalled. We have now touched a major order block level on the daily in which i am in favour of a pullback to fill the imbalance price action we have just seen the past week. Risk to reward is nice here. I will be monitoring for entry level around 62x65 for longs to 1840 area to fill the...
BUY ZONE APPROACHING AS WE COME TO THIS ORDER BLOCK ANF FILL IPA AREA 1:4.5 RR
Intraday setup, we have gold grabbing liquidity just below 1890 before shooting back up above demand and headed long! Lets Go! 1919 target
providing yesterdays push into current major supply area we will monitor for a reaction and pullback to 1888-1890 area this NY session! Keep eyes open for a nice entry
Gold rejects 1758 at major demand level, huge wick on the H4 candle, looks for a long into 1793x1795 and a break would bring us to 1804! small amount of traffic on the way up, first target is 1785 where we will slow down before blasting through! 1:4 RR if you take this trade 1% Risk for a 4% return! GOLD KING
Monitoring as we approach supply level on GA, London volume for a push through red box level as shown on chart! Tight SL as we might reject and return below supply before pushing up
As we analyse gold, we see price is making its way back to the demand zone / level. at 1733.5 the key level for a reversal of this demand zone pushing us into the first target high of 1755, then target 2 of 1765 if we break 1755. Will be monitoring for rejections and reversal candles and volume during london and NY session today!
We have gold trading at a nice range here. I am expecting gold to break 1745 and target 1755x1760 area, we have grabbed liquidity at 1730ish area for buy orders to take control, NY volume will anticipate a push higher in the session! Lets monitor! 1:8 RR if you take this trade Levels will be broken!
A look on the lower time frame, we have resistance level at 61.8 Fib, Bearish confluences include this trend line breaking and closing below Targeting 1695 as we come into the open of asian session 1695 - Daily Low 1:4 RR
1695 looks very promising coming into asian session as we are loosing buying strength at this current resistance level Looking to short GOLD as we come into the open of Asia if the opportunity presents itself Targeting Daily Low when we look left, key levels are exactly what I look for when trading gold! 1:4 RR
Here we have Gold pulling back with some bullish momentum coming into Asian Session We have some levels of traffic eg. 1790 and 1795 before we come to the 1800 level where I see price preparing for a dump 1:6 RR
Price has broken our 1800 level of support and is now retesting Looking to see bearish moment come in London or New York Session Thursday to target previous weekly low Target: 1765 area
Gold providing us with a long oppotunity at the 1775 key area first target to pass is daily resistance at 1795 We have had a bullish push from the weekly low and look to move up from here!
Gold Levels on 4H reveal a test of the lows is ahead
USDCAD has broken above previous major resistance. With the major news of the vaccine being released to The US and weak CAD DOLLAR looking to see a retest of the broken zone!