After china stop buying gold, gold movement bearish. FVG area & fresh SBR 61.8 order flow zone & fresh qm 78.6 area. this 2 zone also fresh zone in Daily engulfing. TAYOR
after completed wave 5.. now gold in correction pattern ABC. A wave almost complete 12345 wave. waiting for wave B for swing long position. wave B abc/123 now scalping for sell. ADP NFP fundamental result weak on wednesday. Thats mean today NFP my target NFP actual result is good for USD. DXY also now on pervious support momentum bullish. For NFP short position,...
After sideway flag area. yesterday, got breakout . that means gold want to pullback after breakout. wait for 2 zone possibility wave 3 start.
In my view, now at the H1 and H4 timeframe. XAUUSD now in compression movement. Its possible Bearish Flag. My target destination 2145. If the last 2 pink roadblock break in confirmation bear flag. But if break green sell zone , XAUUSD want to make a new HH NOT new LOW. if break yellow sell zone, gold become contracting triangle tp 2245 destination.TAYOR
In my view, now at the H1 and H4 timeframe. XAUUSD now in compression movement. Its possible Bearish Flag. My target destination 2145. If the last 2 pink roadblock break in confirmation bear flag. But if break green sell zone , XAUUSD want to make a new HH NOT new LOW. TAYOR
Gold will go up to new sell area if break pink roadbock, possible gold make flag. If price go to purple zone, position for buy scalp because uptrend trendline break. Wait for pattern to entry. I will update the mapping.
xauusd trading plan before this hit tp. Now price at medium risk zone (order flow zone). Can sell little bit for short swing. Entry short position at green zone fresh Quasimodo breakout on the left low risk. stop loss if breakout previous high. TAYOR
Now gold movement still sideway. My Trading plan still gold go for long position for retracement. today is the last day LDR movemevent. Gold must break the nearest green roadblock to going up.
GBPUSD movement for this week. Now is going for retracement. Gbpusd entry for long position can breakeven now. Wait for yellow zone area for sell.