EU has been respecting the monthly order blocks and has consistently been on the rise. What do you think?
If the matrix was always plain all would be rich.....anyway GU is making a series of LH & LL since 2016. Currently price has reacted from a supply at 71% of FIB retracement and has shown a market stracture shift which may continue the trend down unless otherwise. WHAT DO YOU THINK!?
In the monthly Gold doesn't seem to take out the monthly high But maybe it will later Currently on D1 we are at the mid supply @1962.750 which may take us tho mid demand on H4 @ 1936.500 before we se to the supply that caused the CHoCH !! WHAT DO YOU THINK
I'm expecting price to sweep the liquidity above before we start the major sells since GU is currently reacting from a weekly breaker area @ 1.28250 and I expect the price to sell to some Daily demand @ 1.25500 if not the weekly demand @ 1.23750 I'll give a clear scrip of my top down so that you can have a look at it and make your judgements
Since gold has been consolidating until yesterday it showed the strength to go lower.. Any correction or compliments please write on the comment section
This can be a possible next week play out I'm anticipating for short before the long bull run WHAT DO YOU THINK?
We are already having the accumulation and their is a sign of strength to push the market higher .....I'm waiting for the buy entry after the run for liquiditty then we can target the supply above.... for now we can look for short opportunities to counter trend WHAT DO YOU THINK?
Intraday opportunity Lets look at hiw the market will react to both supplys...one at the keylevel 1.06250 and the other at 1.07000
I'm sorry I didn't share the set up yesterday.....I had some buy and sell opportunities For now the symetric triangle has beeb broken to low and its sweeping the liquidity there We can anticipate the demand below to be met and see confirmations before taking buys but I'm anticipating buys Today at NY and tomorrow and maybe next week too to fill the IMB above at...
Nas has reacted well to the supply and from M30 we can see CHoCH which indicates that sells are approaching maybe at New York session
The 1st supply has been hit and no confirmation has been presented yet....the above supply at 1800 May be hoped for weekly sells
AU seems to be bullish...so we can sell them market to the lower OB the look to buy above the current high
Both sellers and buyers were trapped into the market generating liquidity And then a break to the low occurred clearing liqiudity low which may lead to sells all the way to the lower demand before a rally up
I expect Gold to run bullish to the above supply then from there we may continue sells to the low # GOLD IS ON SELLS LONG TERM
Gold may Hit the red supply for a risk entry or give confirmed entry at the grey supply and the sells may go up to 1640