makhosi_decodingwithme

makhosi_decodingwithme

Strong Demand, and also we have imbalances or unfilled orders. After the news announcements yesterday, the market had priced in the FOMC results and the Dollar looks Hawkish.

makhosi_decodingwithme

Gold created higher highs and broke swings. I then waited for the retracement which created a downtrend or counter-trend. Apologies for the late post. I got caught up and just executed.

makhosi_decodingwithme

There is a possible buy, as the market retraces back and then heads up to fill up the imbalances

makhosi_decodingwithme

After a strong fall to the downside, I am very bullish. However, we might come back to test the support level. I am looking at the imbalance to the bullish side.

makhosi_decodingwithme

Wow after a bearish week, we came to a very strong round number. I am looking at imbalances on the bullish side and even though we do have imbalances on the bearish side, I am very bullish due to the support level, round number and also imbalances. Though we have formed a support, we might test it.

makhosi_decodingwithme

I clearly see the bullish upside. However, lets take into consideration the two unfilled imbalances. They provide a valid reason for a change in direction.

makhosi_decodingwithme

We have an imbalance that needs to be filled. However, we have a bearish trendline that might be respected and also a support that was broken and might turn to a resistance.