Will Gold grab liquidity above? P&F target for long positons
Updated
We had some long positions from last Friday as Gold Non-Farm analysis.
If you want to see detail analysis of XAUUSD on Non-Farm event, let's see our previous post (below section).
This week, price was reached higher levels. We'd like to see price grab liquidity above 1823-1825 and 1830-1833.
P&F chart shows min target around 1823-1825.
Let's wait and see how the price reacts with these levels. If price break 1831-1834 levels, price could reach to 1844-1845 levels.
We still hold long positions from good entries and we'll only find short entries when we see strong resistance and confirmations.
E.g about confirmations
a reversal structure or a Wyckoff accumulation range on a small timeframe.
Will Gold grab Liquidity above ?
What do you think ?
If you find the article useful or interesting,
Let's comment below !
------------------------------------------
Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
If you want to see detail analysis of XAUUSD on Non-Farm event, let's see our previous post (below section).
This week, price was reached higher levels. We'd like to see price grab liquidity above 1823-1825 and 1830-1833.
P&F chart shows min target around 1823-1825.
Let's wait and see how the price reacts with these levels. If price break 1831-1834 levels, price could reach to 1844-1845 levels.
We still hold long positions from good entries and we'll only find short entries when we see strong resistance and confirmations.
E.g about confirmations
a reversal structure or a Wyckoff accumulation range on a small timeframe.
Will Gold grab Liquidity above ?
What do you think ?
If you find the article useful or interesting,
Let's comment below !
------------------------------------------
Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Note
1818-20 also are key levels
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