price on daily is withn impulse./ undergoing correction we can see price again broke resistance inside the last 2 daily swing range,and left a massive daily bullish HIgh momentum candle price came back tested demand and also support major levels. preice on retest on H4 printed DBR pattern on levels On M 30 we can easily see a falling wedge which further...
though gold is bullish on swing but daily seems to be undergoing correction( bearish) daily bearish already gave an engulf showing bearish intentions. based on daily Key Level and LTF supply plus fibs can present a good selling location god willing
1. Price on daily broke stucture 2. on daily breaks the resistance 3.on daily breaks the trend line resistance 4, On 4 h comming back with falling peanant kind of compression which is bullish in nature, 5 on demand and minor support h4 bullish engulfing candle reinforces bullishness in price 6 divergence on H4
1. price on daily is turned bullish 2.divergence on h4 3. Breakout of Diverging falling wedge 4.4 hour bullsi candle can be a valid trigger to entertain buys 5 daily tl and resistance already broken 6 price coming from HTF trend support
price is bulish fro monthly to 4 hour. this is already ready setup all we nee to do is to wait 4 candleconfirmation. long terms buys is what i am expectig
price in daily broke the structure and made a hh ....now a lh/ pull back to support plus demand plus trend line support around 114.600 can push the price further up. hidden base and imbalance can help to inject buy momentum.
for now we have bearish candle at supply which means a pullback might be underway,, we can tap a quick sell opportunity and then entertain buys for a long term investement.
Price is dilay support... Currently in correction... Forming a bull flag compression to demand
70 to 80 pips down move to fill rising pattern is what i am expecting
THO WEEKLY IS UPTREND,, BUT AS DAILY IS MOVING DOWN IN DESCENDING CHANNEL MAKING LOWER HIGHS WE CAN EXPECT FURTHER BEARISH CONTINUATION AND PROBABLY WE CAN SEE ANOTHER LOWER LOW ON DAILY 1 HOUR IT'S IN CORRECTION AND MOST LIKELY WILL CONTINUE IMPULSING DOWN .
lesser risk is to go with buys when opportunity comes.