price smashed through the 1 hour support area, now i think price will react of 4 hour support
or head down & react of the daily support area. still bullish overall, i will be looking for
buys off the 4 hour support & daily support areas. we could get some lower timeframe sells if this continues to drop to the daily support area.
trade from yesterday taken after red folder news, entered on the 15 minuite timeframe,
clear bullish engulfing, possible re-entry if price pulls back.
DXY was clearly bearish yesterday which added extra comformation to take gold higher.
looking for price to enter 0.71 fibb area for a buy to the upside,
i will be looking to enter this on a lower timeframe, with a possible scale in depending on market structure. alert set for the 0.71 fibb area.
bounced off 15 minuite area of support yesterday, bullish engulfing, 1-5 R-R
looking for a similar move today or tommorow. or i will be looking for this to break lower
& make a move to the upside from a higher time frame support area
US/30 bullish daily & weekly, i will be looking to take this to the upside, price could react
off either support areas, it would be nice to see a retracement down before the push up.
thats why i like to have multiple areas of interest & not just fixate on 1 area.
US/30 analysis from 13/01/25, i was looking to take this trade as it entered a weekly
support area, equity open we was seeing a bullish engulfing. which was all the comformation
that i needed for my stratergy. looking to enter on the pull back.
