XAUUSD Sell Opportunity Incoming!Hello Chat DegenJake here, i hope you find yourselves well from health & mind. Let's get right into it shall we?
VISUAL GUIDE:}
Blue lines: Represent Active Weekly liquidity.
Yellow lines: Represents Active Daily liquidity.
White lines: Represents Active 4HR liquidity.
Orange line: 0.5 Fibb Level on the Weekly Time frame from the swing low to swing high.
As we can notice chat we have a very interesting chart formed on Gold. What do we see? We see gold wanting to perhaps take out liquidity level {Price level 2690: White horizontal 4 hr liquidity line} and then shove towards the bottom side to take various liquidity prices below.
the major point of reversal whenever it decides to crash either soon or after march 14 our first lunar cycle. Well be updating you chat.
I personally entered an extremely low risk position as i would like to acquire heavier positions once it takes liquidity to the upside first. i still see this market being a little early for the sell off but incase it happens quick without warning is why i have decided to start my first small position. the master plan would be to start DCA positions towards a SELL at price levels
2690
2720
2790
This is a super clean set up chat don't fade it!
