GoldfingerXAU

GoldfingerXAU

I think price action is likely to sweep the lower liquidity when the market opens and then start looking to move up back through the range breaking out and filling the imbalance above during the New York session. I expect a bearish judas swing at the start of the NY session to clear as many weak hands holding longs early from London, once these stops have been...

GoldfingerXAU

If you pull a fib from the previous weeks low to yesterday’s high the .79 is sitting dead on the top of the big imbalance created during the drop after the NFP news release. That area is sitting well within the premium pricing zone and when price climbs to that level, which I think it will do on Monday quite quickly in order to fill that liquidity void I will be...

GoldfingerXAU

Main trading idea for the upcoming week will be shorting the highs and staying with the current HTF trend. Will be looking for liquidity area and FVG’s to scalp and play both sides, but primarily aiming to trade shorts. Lot of news this week also which I will be aiming to avoid or get caught up in whist in trades. As MM’s have been whipping price back and forth...

GoldfingerXAU

Range value area high holding briefly as support as soon as price gets back into the range, expect it to head lower clear the FVG’s and move to the point of control and value area low of the local range.

GoldfingerXAU

If PA can’t reclaim the local value area low at 2031 and get back into the range I think we are very likely to move down and find support at the untapped weekly. If we do manage to get back into the previous range I would expect to hit the value area high at least. Once the news hits though it’s anyone’s guess and I will not be trading the news event as it’s a...

GoldfingerXAU

After price action has failed to claim the last ranges value area low and move back into the previous range, I expect gold to continue its decline and will be targeting the extreme 4hr OB which initiated the last uptrend before we again switch to the current down trend on the higher tf. I will be holding my swing short positions until that OB is reached and...

GoldfingerXAU

Based on the recent rejection from resistance and change of structure I am expecting the current down trend to continue in the new year taking gold down to the ne t support zones under 2k