Highs been hit. Liq going to enter. This will be a great year end.
Price struggling to break below 1920 , aiming to take longs till the money is filled and weekly highs broken . Need to keep above 1920. If weekly lows break we may see a down play of the weekly candle to then drive price bullish. NFP Friday , aiming for the money to drop DXY and Gold then becomes a rocket .
Took gold sells on LDN open price rejected asia highs and liquidity was grabbed
Took sells yesterday but didnt print as I wanted it to and then took a long till NY and shorted when news broke last 15 min candle.
Fail to break asia highs and for daily to keep pushing , shows failure and 4hr close below zone with a 15 min reversal pattern , flipping daily bearish and fakeout to the upside to then come down to prev session lows and potentially create new lows within NY session
Price of gold in November tried to breakdown but completely reversed as we saw dollar melt and gold shoot - completely flipped the pressure and bias to a bull run which has seen 1820s and potentially drive gold back even higher potentially to 1870? Took entry as asia lows were rejected and 15min , 30 min and 1hr candle engulfed , price to come from 1812 entires...
Price has been rejecting weekly levels round 1810 ; last weekly candle closed bearish , foreshadowing the potential melt of Gold and a Santa rally of the dollar. 3rd bullish rally into the highs of 1700/ lows of 1800. Price is struggle to keep above the water and is now expecting to fall unconscious and then to slowly die. Asia pushed gold into the 1800 levels...
Looking at shorting gold as USD santa rally occurs , price to drop from 1797 to 1777 for approx 220 pips
Entry chosen at asia highs with LDN bullish push , want a pull back and at 4hr zone and 15 min engulf entry candle
Gold shorts from 1785 area to potentially break down to 1768
Bars switched bullish 3 candle entry on 15 with 4hr liquidation zone
Potential short , playing by ear as market very volatile and fundamentally respective
CPI news incoming at NYSE , hoping for a push with DXY to really see gold melt back down to potentially weekly rejection area at 1728 - aiming for a very nice move , been holding this swing since start of week , however closed half position prior to NY close/Asia Open
Aiming for price to hit towards the 1778-1780 level either before breaking up back to the upside to see 1800 again or to then curve again and push bearish towards 1700. Manage well , don't give money to the markets. This is a very difficult asset class , to analyse these markets, its a blessing , do not waste it. You can not lose money within the market if you...
This is still the bias within the market. Daily pushes heavily bearish from the daily and weekly. Want rejection around daily area.
Still same idea as yesterday , candle closed heavily bearish on the daily which we expect to see a heavy pullback and then curve off on the 1hr or 4hr as its December , we are going to try and keep the guns holstered until necessary. Lets try and mitigate risks
GOLD Winter is here. Gold shorts. DXY finally pushing. Weeks of gold pushing. Now melting.
Failure arrives when you quit. Work Hard. Work Smart. Clockwork. Repeat....