Possible change of trend or a continuation for the coming week
Daily TF indicates a declining price for GOLD but this week might be something else.
we see a possibility for a downtrend continuation or a trend change and in order for us to know what will happen, we need to wait and see how price plays out in other to catch that trend.
So Monday is a no-trade for me
will watch and see if the price comes back to that daily OB opening and how it reacts of that
that will create a scenery for scalping and price makes a BOS then we look for entries on the 1-hour to 15min TF
let's see how this goes
we see a possibility for a downtrend continuation or a trend change and in order for us to know what will happen, we need to wait and see how price plays out in other to catch that trend.
So Monday is a no-trade for me
will watch and see if the price comes back to that daily OB opening and how it reacts of that
that will create a scenery for scalping and price makes a BOS then we look for entries on the 1-hour to 15min TF
let's see how this goes
Trade active:
currently, at the poi, we wait for confirmations for a sell