PayamShabanian

PayamShabanian Updated 

Gold have grabbed most of upwards gap and now is trying to sweep the liquidity area of 1925-1945 in a descending wedge as shown in the chart. My longer term bias is still bearish but in short term the PA is showing bullish movements which is targeting the liquidity. All PA zones are shown in the chart and I expect profitable reflections on each number.

PayamShabanian

Gold is trying to fill two major gaps on Weekly Chart, The first gap is located between 1915-1925 and the second one is ranging from 1857 to 1867 So my bias at the moment is Bullish and then Bearish when the first gap is filled.

PayamShabanian Updated 

I'm looking at a H&S pattern to be completed, both shoulders have been formed so far so an upwards move is expected to 1860

PayamShabanian

I see a falling wedge on Gold and it is expected to rise from 1838-1841 to 1900

PayamShabanian

I see a re-tracement to try 1875 and rejection from this level to lower targets

PayamShabanian

I see GOLD in a descending Trend line which could lead the price to hit 1580 imo