Currently, Gold remains bullish as it’s fueled by Geopolitical tensions and uncertainty in the market regarding President Trump’s Tariffs plans. Gold has currently retraced to a 4H OB and lower low where the bulls may charge up to raise their horns. Traders should be reminded that it is important to use good management plan when approaching the market. Wishing...
Given that we have just broken a resistance level, and currently trading at an higher high level of the trend. The possibility of a bearish retracement for liquidity grab for further momentum upwards is in sight. Furthermore, the current Price pattern aligns with the structure Gold has chosen for this ongoing uptrend. It is importantly to keep in mind that...
Technical Analysis: The possibility of Gold breaking the current resistance is higher than ever. This is the courtesy of the recent symmetrical triangle breakout and buyers stepping in at premium prices to push the yellow metal further upward. Furthermore, we can see price maintaining the uptrend by respecting the trend lines; currently having price at a higher...
The setup above aligns with AMD and as we can see that Gold has mitigated the most recent supply zones.
The setup above aligns with AMD and as we can see that Gold has mitigated the most recent supply zones.
Since Gold is currently bullish. We can see a liquidity sweep of the previous day. There is an RSI Divergence at a 15 minutes Bullish Order block. An entry can be placed after 3min Breaker block has been broken and 5minutes Ifvg has been confirmed.