GOLD | SELL IDEA
Updated
Hi traders,
I have outlined 2 scenarios that may happen but also indicating probabilities, I believe that GOLD might be looking to go bearish, as it has strong bearish order blocks formed, however we dont have a strong confirmation on the reversal yet as we have not changed character on the main market structure, only on the internal structures we find something tradable for now.
I have outlined 2 scenarios that may happen but also indicating probabilities, I believe that GOLD might be looking to go bearish, as it has strong bearish order blocks formed, however we dont have a strong confirmation on the reversal yet as we have not changed character on the main market structure, only on the internal structures we find something tradable for now.
Trade active
21 pips up, ideally would like to see a bullish order blocked formedTrade active
400pips upTrade active
We are now waiting for price to tap in our area of interest then we will use our entry model to enterTrade active
Our bias still shorting goldTrade active
GOLD is playing out as I predicted, this is deep profitTrade active
636 PIPS RUNNINGTrade active
753 pips runningTrade closed manually
We have taken profitNote
Still bearish outlook
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