Gold (XAUUSD)Short
XAU/USD
XAU/USD
According to my analysis gold is currently bullish. Daily timeframe early buyer liquidity has been swept so now i am looking for a short term sell targeting the retail liquidity and my 4H imbalance.
My area of interest is at the most recent momentum gap which fits in line with my 71% fib level.
Price has also shown early seller liquidity with a previous Tokyo session high slightly lower.
I am waiting for all these areas to be swept, Momentum gap to be filled and my 71% fib level to be tapped into before placing my sell position.
SL - 2.786
TP - 2.718
According to my analysis gold is currently bullish. Daily timeframe early buyer liquidity has been swept so now i am looking for a short term sell targeting the retail liquidity and my 4H imbalance.
My area of interest is at the most recent momentum gap which fits in line with my 71% fib level.
Price has also shown early seller liquidity with a previous Tokyo session high slightly lower.
I am waiting for all these areas to be swept, Momentum gap to be filled and my 71% fib level to be tapped into before placing my sell position.
SL - 2.786
TP - 2.718
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.