Looking at the extremely bullish bias of gold on the HTF I think we still have a room for a counter-trend move. Jobless claims later today might help us achieve this corrective move. I am looking to short the XAU/USD pair when it comes back to retest the recent high. I think it is healthy if we correct to at least 0,5 fib level beofre heading for new highs....
Hello, Gold is still in a downtrend. Fakeout on trendline, daily has to close below trendline in order to support this trade. If today daily candle closes below, then open a short trade with a target of the liquidity at 18xx. Trade safe
Gold idea - short to fill the FVG in order to continue uptrend. Details on chart. Entry at ML SL: 1969 TP1: 1946 TP2: 1941 TP3: 1933
Looking to sweep liquidity before next push to create a higher high. Everything is on the chart 1;3 RR , golden pocket bounce till fib1 extension sweeping the buyside liquidity.