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Sphinx_Trading

XAU/USD Long +500 pips

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Sphinx_Trading Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis XAUUSD goldlong
55
4
trendanalysis chartpattern beyondta xauusd goldlong
- Price broke the last daily low forming a big imbalance.
- Clear divergence formed nearly at 1850 demand zone also a bullish daily closure last week.
- We might have a bullish move to 1910.0 supply zone.
* Pivot: 1866.0
Comment:
- Price grabbed the last high.
- price grabbed the liquidity under 1857.0.
- A bullish confirmation at 1855.0 demand zone.
Comment:
- Price broke the last low grabbing the liquidity.
- We expect a bullish move to target with CPI news.
Comment:
- Idea still valid if we have a 4H closure above 1850.0
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