Yesterday I post about gold sell correction. Now already 230 pips correction running.
market already made a bank entry model. Market needs a downward correction for grabbing the liquidity and fll the validation gap.
Gold price crashed over 2.8% as Powell turns hawkish on tariffs and inflation. But right now gold needs a upward correction. There is a bell curve area and market left multiple sps. Fundamental is also on gold side. Safe heaven movement is still on because of tariff and war situation.
Here is my gold Prediction IT's Running now 700pips . In my previous post I told that gold profit taking sentiment about to end. Alhamdulillah Now you can see the market .
We see a long term profit taking movement in gold market. Now the present market structure gives the sign of character change. Here is H1 Character Change level. Market needs to break the level first. Then we expect a strong buy movement.
Market right now is in a profit taking condition. But Tariff fear and safe heaven boost still valid for the market. market right now in a strong support zone and the market trying to inject buy liquidity. But we need some confirmation .Market should break the level of 2898.42 first.
Right now gold in a overbought condition. The 10 years treasury yield is increasing. That's mean Usd will be strong soon. Right market is in a speculation . 15 mnt Character Change level is very important.
Xauusd hits the All time high. Main reason Trump's Tarrifs fear. Which gives Gold a safe heaven boost. Right now Gold is in a overbought situation. So market need some correction for liquidity grabbing. Here is my 15 mins chart prediction. I mark here the strongest character change level. which is 2896. I also marking the bell curve level