All the liquidity is sitting at around 1.10 area , my assesment is to wait for the fall load up buys and ride high , but all is based on price action, I'll update here when I'll take a buy this week is going to be very hectic 3 interest rate decisions.
Gold is rising but i see it nothing more than a market squeeze for now
Gold Has reached over bought conditions and on a horizontal resistance + DXY rebound are appearing now on the charts as the momentum is dying in the DXY shorts atleast for some time
Price has moved up because of the banking crisis as it's cooling down gold will also cool down in my opinion atleast for thr time being
Gold has moved upwards drastically but the huge liquidity pool sitting above will move the price down to 1835 first before any hopes of continuation higher
Seems to be a bull flag formation on the H4 time frame , for now looks like Gold has bottomed out and it'll look for Gains Towards my Target, I'll use 2% risk fir this trade , Happy trading
Price is stuck in Range I'll be Willing to sell it now at the given 4H supply Zone towards below 1800 till 1795 , stop loss is above 1875 , I'll update when i take the trade
After CHOC the price is Retesting the range of supply zone present at 1.05700 , i expect accumulation here and process will go up towards my Target
Smart Money Looks to take the Gold From this High the Latest lows ir even lower Than 1800's , I'm using 2% risk and will add layers of sell if price bounces up , Let's do some Profit guys
Gold has left a Long Wick implying some up movement to be had towards the Demand Zone around 1880-1890 on Daily Chart , I'll use 3% Risk for this and will update when i take the trade.
Price is in a oscillation so my Target is at 1848 for either a accumulation of more sells or a change of character, I'm using 2% risk and will add layers if needed I'll keep you updated
Price has come to my zone to buy and get 100 pips of profit atleast, I'll use 2% risk for this trade and add layer if price falls more
Pump and dump scenario emerges after USA CPI surprises to the higher side sell to the target good luck Stop loss 1.24000 Sell - 1.22300
Price has fallen into the bearish zone of my analysis now i will short it with 2% risk of my account till TP , USA CPI today was positive putting pressure on golf for now atleast
I'll use 2% risk to gain this 100 pips move , tomorrow CPI report can tell cooler inflation but i think we'll achieve our target befor that I'll post CPI setup too tomorrow keep updated use proper risk management so you can add more if it goes down like me
I would like to see some more downside in gold to pickup liquidity but Tuesdays CPI report from U.S can cause a bullish boom in Gold, personaly I'll wait for the report before taking any positions, let's see , if I'll find something worth trading I'll post it as usual with entry take Profit and stop loss , good luck everyone
Gold is still bullish but we need some more down moves to build up demand for Smart Money to move into the zone , also looks like a bear Flag formation on 4H chart to me
I'm still bullish on gold as the long term trend is still intact , nice squeeze by market makers , we will win no matter what taking 2% for this reversal, haven't closed my trades from earlier either i will hold until i win as my account is big i can easily control