GBPUSD is clearer that it is likely heading to the buyside to take the liqudity and decide which direction the price wants to go
the price is trading into the OTE zone with a buyside liquidity above. let see how the monday price action looks like in this zone, it an retrace from there to at least C.E of the 4 hours PD array.
from daily, dxy confirm bearish passing the C.E and heading to the monthly low
following the move of dxy, it is likely eurusd seek the DOL below on daily time frame.
dxy is doing a bullish move on daily timeframe, it is likely to reach at least target 1 before any other move. it affects the rest of the USD pairs
entry from OTE towards to downside. The DXY indice is bullish , it tends to take out the buyside very soon next week
GOLD still bearish, expecting it reaching higher to take the buyside liquidity to drive lower Sell Limit XAUUSD 2341/2342 TP 2339 TP 2235 SL 2344-46
the orderflow is getting more momentum . let see how it goes now , from discount to premium, buying
Higher probability to retrace to the OTE zone, then take out the sell side and go up from discount to premium. Price could also go up from here to the premium. 1 hour time frame is bullish.
I highly doubt the gold is going down from here before reaching key level above ( old high ) . let see if it break above 2342, if it breaks , then it will drive up to 2362 before getting a direction.
both side of liquidity is being taken, price is looking for direction , still unclear before monday. so we will see. overall bias is bearish. but price may have to retrace to the C.E equilibrium to look for further direction.
look bearish for xauusd now after friday price action. it is gone to 229x level , overall direction is bearish, , let see how the reaction is after taking the sellside liqudity
the chart of gbpusd is almost the same as eurusd. buyside raid, leaving the sellside target going. the drop on last friday was too huge , it is likely to retrace a back to 0.5 or equilibrium of 1 hour zone. ( red area) let see how the price react first next week
with the bullish of dxy index, eurusd tends to go down to the DOL. it broke the upward trend as well. buyside liquidity in 4 hour timeframe got clear out.
check the charts , gbp traded into the fair value gap, need to further check the reaction of the candles
large drop of price on friday creating a sibi, which can be used as an entry . but i would only trade in killzone. on monday , price action usually choppy , let see how it goes
smt with gbpusd is formed above. it is in premium zone of the current pd array. when the structure breaks at the choch point. candle close below. then, it is confirm it will drop to the C.E point to see the reaction there. might go up or head down.