Time to get in on the massive sell coming on gold. as gold has been bearish since the beginning of the week. this retracement gives a good opportunity to get in on the sell.
Gold started the week berish, so we need to look for selling opportunities, the zone above is a money transfer zone, which will send price lower.
A very good idea on NAS100, it has been on a consistent uptrend, and now is a good opportunity to get in on the buy.
EURUSD has been on a consistent bearish trend for a while and this is the next sell zone.
Gold is still in an overall bullish trend and the zone below is where we look for buy setups.
Time to get ready to buy Gold as it approaches a BUY ZONE.
It's time to buy GBPJPY as it is still in an uptrend and now price is retracing into a POI where we can begin to look for buy opportunities.
A buy opportunity on GBPJPY has presented itself, make sure to take advantage of this buy.
Gold is overall bearish on the higher timeframes. An orderblock just got mitigated and it broke structure to the downside, when price returns to the mitigated orderblock it will sell again.
gold is going to go long at these prices, as price recently mitigated a bullish order block and structure was broken to the upside.
Price nicely approaching the 70% Fib level on the one hour which happens to confluence with the 1min bullish orderblock
Confluences = Fib + Supply zone Price is approaching a 4hr supply zone after breaking another zone.
Change of Character, so we wait for price to come back to the bullish orderblock to take a buy trade.
Price recently mitigated the 1H order block and broke structure to the downside creating a change of character, we await price to return to the next unmitigated order block to take a sell trade.
Price Already reacted strongly to the supply zone and now that it has come back to it, we take a sell.
This is a trade idea on gold, Gold is bullish on the 15m timeframe as price recently reacted of a bullish orderblock, so on returning to that orderblock, it will reach of it.