Following our change in bias last week on gold, we continued to follow the bearish narrative into new lows after taking out the highs we identified at the beginning of the week. Now, we're looking for a similar setup — a potential pullback into those previous highs to give us the shift downward we’re anticipating.
That said, I believe gold may have more potential to move directly into our target zones without a significant pullback. Still, we keep that scenario on the table, as it's part of the trading plans we build from these key levels.
Of course, we don’t expect price action to simply go bullish and hand us perfect shorting opportunities. But we do believe that if price pulls back into certain areas, it could continue to deliver the downside movement we’re expecting.
Remember, we’re following a rule set. We’re sticking to our risk parameters and allowing the system to guide us. We’re not trading just because price moved down — we had a clear understanding of what we wanted to see, and price continues to respect that structure.
Stick to your plan, follow your risk, and let Orion lead the way.
Orion is bearish, and so are we.
Trade safe. Stick to your plan. Always follow Orion.
That said, I believe gold may have more potential to move directly into our target zones without a significant pullback. Still, we keep that scenario on the table, as it's part of the trading plans we build from these key levels.
Of course, we don’t expect price action to simply go bullish and hand us perfect shorting opportunities. But we do believe that if price pulls back into certain areas, it could continue to deliver the downside movement we’re expecting.
Remember, we’re following a rule set. We’re sticking to our risk parameters and allowing the system to guide us. We’re not trading just because price moved down — we had a clear understanding of what we wanted to see, and price continues to respect that structure.
Stick to your plan, follow your risk, and let Orion lead the way.
Orion is bearish, and so are we.
Trade safe. Stick to your plan. Always follow Orion.
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Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Related publications
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.
Our FREE trading community & FREE YouTube content!
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Learn the Orion Trading System with the link below.
🚀 Store: tinyurl.com/PSS-store
🤝 Discord: discord.gg/pip-surfing-society-809908301923745813
Related publications
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.