XAUUSD SHORT BIAS IDEA
Hello all!
Once again my projection played out perfectly (last week XAUUSD video analysis).
Now, retracement is playing out, looking at the next Daily Supply Zone (refined to 4H), GOLD is heading towards the zone!
I will look to enter on a CONFIRMATION ENTRY ONLY! I will look for LIQUIDITY to build up just below (Potential outcome), then monitor LTF for a POI to follow the next leg down on GOLD!
In other cases, GOLD may just push up, and mitigate the zone before NFP, and sell hard after NFP release! But, we will see! We can only project the market! :)
Take care!
Once again my projection played out perfectly (last week XAUUSD video analysis).
Now, retracement is playing out, looking at the next Daily Supply Zone (refined to 4H), GOLD is heading towards the zone!
I will look to enter on a CONFIRMATION ENTRY ONLY! I will look for LIQUIDITY to build up just below (Potential outcome), then monitor LTF for a POI to follow the next leg down on GOLD!
In other cases, GOLD may just push up, and mitigate the zone before NFP, and sell hard after NFP release! But, we will see! We can only project the market! :)
Take care!
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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.