nuriofx

nuriofx

After surging for new highs gold reached 2.365.000 respecting the existing resistance. imbalance needs to be filled @2.334.652 (FVG) simple 1-5R targeting the imbalance ahead of NFP Trading forex,CFDs may be risky.

nuriofx

Gold has been at a spikey decline since wednesday ,will we see slight retracements or will price continue on a plummet ? we broke resistance levels @2335.0 which approved a MSS new supply @2336.00 gooing long 2350.00

nuriofx

yesterday we saw a retest to 2026.64. expecting price to target equal highs formed on the daily

nuriofx

1.07344 is currently an area of support on the hourly we saw a mss @1.07540 lvl currently waiting for price to fall back into 1.07596

nuriofx

finally got an entry after a long wait. price tapped in 148.264 level 4HR FVG. targeting 146.670

nuriofx

Price failing to break 147.849 could see a potential move further towards the downside. follow up on lower timeframes for entries.

nuriofx

having price at a key level finding a perfect entry point could be tricky. although there was a mss on the hourly timeframe the momentum did not seem strong enough as nasdaq has risen slightly since then. key advice : wait for break or resistance off 17447 as it will determine higher highs or a sell towards 17380

nuriofx

solid push to 2047.19 or 2064.23 worst case scenario if stop raids are formed. Thereafter we can expect a drop to 2020.50 taking out that level of liquidity.