As i did show a part of my idea above, here are some better details to it. On the main side im looking for buys (there is also a good big possible sell until 2.320 but before we get the confirmation nothing until then and i will share as soon as it pops out) as long as market can pullback lower again around or lower then 2.370 without creating any type of liq...
There are no big confirmations that gold will rise or fly that much yet, we can see the strong pushes rated on only good resistance and pullbacks where sell bias are much more better atm. The lows that we have on the bottom are very weak and can lead to breaking them very easy all bellow starting from 2.385-360. If we see good breaks above 2.420-30 then we can...
Now on the left side i posted the idea on the sell side as it is right now presented by the market what we have that we could take in this moment. On the other hand when we look 4h chart we can see that big things can happen in a play. First if we see that rejection above (30min) and start selling (same on 4h) we can expect price to break the recent lows where we...
As explained above we could see a retest of the recent low and then a possible pump with better volume and momentum which can lead this idea into a great buy. Otherwise breaking lower with no rejections will remove this scenario. Waiting for confirmation first. Both charts could turn out later on with strong bullish wave.
Starting from the 4h view we can still see that we are in a bearish trend and momentum so looking for main sells is just the right thing but we have to allow market to pullback also before doing so. Thats why we can look for a potential buy (30min chart) because market got a little exhausted on friday and its showing us currently some buying pressure which we can...
4H is still in bearish momentum showing us strong selling side. Looking at lower time frame we can see possible pullback for further upcoming drops in gold. Currently no buy pressure for any type of long trades except we build one with better volume and breakouts so we can take action in that direction. -Strong sell bias. -Waiting for pullbacks recommended.
OANDA:XAUUSD As mentioned on the screenshot idea we are still bearish in the market,providing us further sells until we see nicely build up ground for the buys which we dont have yet and even if we would build it market would not leave us without nothing. It will allow us to close all our positions in time sweeping last time the lows just like the latest made...
OANDA:XAUUSD has made a new record high and after pushing to the limits we could see how bullish momentum started to fade away and losing its power slowly for the new highs. Strong bearish volume and momentum has been placed on the chart as we can see showing us first rock solid 4H candle close with a wick on the top showing rejection and as we see a liq sweep....
Looks like AUDUSD could push down after pulling back to FVG and Choch. Watching for a sell.
Watching the market from 1h and getting in a smaller time frame there is a good opportunity to sell to the previous low.
EURUSD made a nice buy move last week and now he is stoping hard at 1.09721 which looks like a good rejection to push price lower at the moment. Looking forward to a sell for now,what others think about it?
There is a decent liqudity on recent low and atm euro looks weak,but could it break through and make a new high or drop again?