XAU/USD: Finally balanced and ready to fly +600 pips
Updated
- Price broke 1830.0 demand zone grabbing all the liquidity and then a big buying power entered the market.
- We can observe a breakout from a descending corrective channel also price broke the last high at 1846.0.
- Finally price retested on 1830.0 forming a new higher low in the market.
- Bullish 4h closure from 1830.0 demand zone.
- We may have a big bullish move to 1900.0 supply zone.
* Pivot: 1840.0
- We can observe a breakout from a descending corrective channel also price broke the last high at 1846.0.
- Finally price retested on 1830.0 forming a new higher low in the market.
- Bullish 4h closure from 1830.0 demand zone.
- We may have a big bullish move to 1900.0 supply zone.
* Pivot: 1840.0
Note
- Price broke pivot at 1840.0.Note
- Entry: 1836.500- Stop loss: 1833.700
Note
- Hit my Stop loss.- huge bearish 1h closure.
- Wait for a new update.
Note
- Another confirmation formed at 1833.0 (morning star)Entry:1834.400 - Stop loss: 1831.800
Note
- Price got us -2%Invalid idea, update before (FOMC) tomorrow
Note
- Market is trying to go bullish, but there's fear from the upcoming interest rates.- New long entry at 1830.0, second entry after 4h closure for another confirmation.
Note
- Demand zone at (1826.0- 1823.0) OB.- liquidity grabbed below 1830.0.
- Last entry for the idea>
Note
Entry : 1827.0
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