I'm short here, not really confident, its a small position
just a bias on the gold, the chart pattern is a simple one, this move broke the high of the penant marked out, I'd probably love to see a move to 1952's then see what happens there, invalidation is a HTF close below 1916.
WATCHING GREY BOX as I want to see a potential reversal there, else a deviation over the yellow line and a breakdown below
This pair has been bullish for a while and I expect it to at least get to that top on the daily TF. With this channel, if the market gives us a little retracment to the down of that channel probably forming double bottom and up it goes. I validation is a close below the channel on H4 TF.
JUST A BIAS Daily looks bearish and those are my POI, not going in aggressively(waiting for confirmation ) I will favour a squeeze into that OB and then it gets smashed lower
Just a bias, I think GA will tap into that supply zone and reject off it. will get in upon confirmation Happy trading!
a pullback from 1830-1833 or a squeeze to 1850's with DXY at support I do see a little pullback on this just as added confluence