Clear breakdown on Gold , expecting lower price delivery to Monday's Low
Market failed to go lower on Monday and Tuesday, looking at market going for those liquidity targets above www.tradingview.com
Long trade idea ,anticipating that the market will reach for the liquidity pools above
My setup , obvious bullish momentum , possible false break below 'support'
Looking for GOLD to retace to this zone then paint a reversal candle stick pattern before going short , i am mindful that market can continue back up.
Following the trend here , lets see what happens
Obvious uptrend , not trying to predict the top just going with the flow
This is my perspective on Gold at the moment , Waiting on confirmation
*Obvious down trend *Break back below key level + rejection
*Daily Downtrend *Close below key level will = entry
*Obvious Downtrend *Rejection of Key Level *Inverted Head and Shoulders on H1 , retails buying
*Clear Uptrend *Head and shoulder pattern clear as day , Retails Selling *Fake out below obvious zone and break of trendline , more sells * SOOO BUY potential target next key lev www.tradingview.com el
obvious downtrend rejection to the upside www.tradingview.com
s3.tradingview.com Obvious Bear momentum, break and respect of Key level, candle stick engulfing on H1 entry for short
1. Major uptrend 2. Price broke low out of Asian 3.Ny Session Reversal 3. W pattern presented for long