


MaximFxBoss
EssentialFrom My Previous, this is just an update I would be looking for buy entries around 2023 to 2024 demand area. Let's see what Gold will do today.
What I expect from XAUUSD TODAY Price using the low created yesterday as liquidity to get into the SC (Demand Zone) below it, then buys from there to take out the Asian high and further fill the gap above before the sell continuation from a better premium area (Supply Area above the equilibrium). Mind you, Gold can still decide to move otherwise. Let's see what...
- While waiting for Price to take out the structural low on the 4H, we must also stick to what Gold is currently doing. - Between the current High and Low above, the Price retraced 10% above equilibrium (60%) and sold from there yesterday. (which was also a tap into the Fair Value Gap) - Since the price has given us minor CHoCh and BOS on the 1H TF, we should...
4H Outlook of XAUUSD - Gold is generally Bearish for now and that might change too. - Gold dropped below equilibrium between the daily high and Low - then bought from about 70% of it. - The bullish pullback gave us a 4H Structural low while taking out the 4H structural High with a wick causing a CHOCH - The CHOCH created is more of a liquidity grab which is why...
Gold has taken a Structural low at the price level of 2030 causing a proper change to market structure and after this, a pullback is expected before the sell continuation begins. A BUY to SELL, from 2019 or 2020 to the available inefficiency in the movement of price.
Bearish XAUUSD is expected to give us a continuation after the recent bullish pullback. The imbalance (Fair Value Gap) shows the probability of the price going further higher before the bearish moves begin. I will take a short entry from the 50% of the existing FVG at price 2048. PATIENCE IS KEY! Let's see what Gold has for us today.
After yesterday's rally to take liquidity, price retested tested a previous Supply Zone and Dropped from there. In the past 15 hours, price movement has been stagnant seemingly due to that Area being a strong resistance area that broke yesterday though price closed below it on the HTF. The probability of a bearish movement before price drives higher to...
After Price take the 2H Supply Area, I would be selling from the top
After the Bullish move of Gold yesterday, It has taken the current low of Price and is expected to pull back up into a Supply Zone on the 2H from there the Sell is expected to continue. For Now, a Buy to the Supply Zone is eminent while we wait for the major Sell move to begin. UPDATE: Given the presence of Possible Supply above the 2H SPY marked on the chart...
After the Price did Break of Structure into a Major Support on EURUSD, The Bearish market is still on. A minor Bullish Move into the Premium of the price range is expected and from the Supply in that premium Area, the bearish continuation might start.
After the Bullish move of Gold yesterday, It has taken the current low of Price and is expected to pull back up into a Supply Zone on the 2H from there the Sell is expected to continue. For Now a Buy to the Supply Zone is eminent while we wait for the major Sell move to happen
After Price retraced back to Premium yesterday (Above Fibs golden zone), A sell Continuation is expected this morning to 1.0784 or a bit lower before the buys. For intraday trading ... I am looking at joining the sell continuation from my marked-out POI.
After Price retraced back to Premium yesterday (Above fibs golden zone), A sell Continuation is expected this morning to 1.2631 or a bit lower before the buys.
With the 4H Structural Low still open indicating the probability of a bearish return in Price, Gold price movement invalidated SC at Supply zone 2033 yesterday after several consolidations. Price is heading to the Sponsored Candle which acts as the Supply Zone at 2049 where price is expected to reverse from and continue its bearish move.
Price is closing in on a strong support area after taking out the Asian lows available in the market. A strong bullish Confluence exists at 1.2676. I am waiting for a buy from that area.
Sell SC (Sponsored Candle) on the 1H on XAUUSD has been activated, The SC looks very probable.
Price is closing on a strong support area of price after taking out the Asian lows available in the market. A strong bullish Confluence exists at 1.0814. I am waiting for a buy from that area.
With the 4H Structural Low still open in the bearish moving GOLD, XAUUSD Sell continuation is expected from either demand area 2033 or 2049. The inducements and liquidities available in the market might be cleared before Gold takes out the structural low and with the A minor buy to sell longer.