gold is kind of side ways since morning,
price chart is bit tricky, right now not showing signs of bullish or bearish,
there is slight change in market structure,
on 15 m time frame market broke its low, and its momentum is bearish,
but i still believe market will go to 2010
we have to wait not if market break the suport zone around 1970 to 1968 then it will go towards 1955
if market break the resistance zone around 1990 to 1992
right now there is no such liquidity is formed, which market need to momentum,
pending liquidity is resting around 2002 to 2010
that is why i still believe market will go up.
price chart is bit tricky, right now not showing signs of bullish or bearish,
there is slight change in market structure,
on 15 m time frame market broke its low, and its momentum is bearish,
but i still believe market will go to 2010
we have to wait not if market break the suport zone around 1970 to 1968 then it will go towards 1955
if market break the resistance zone around 1990 to 1992
right now there is no such liquidity is formed, which market need to momentum,
pending liquidity is resting around 2002 to 2010
that is why i still believe market will go up.
Comment:
right now as i predicted price fell from 1990 grabbed the internal liquidity, and now expected to go up . if price break the zone 1992 i will look for buy at retest ,
or buy at the area around 1969 to 1973