XAU 1469-->1420 Happy Holidays, Best trade Till The Year Ends :)
Please watch the entire video for a full breakdown as to why price is behaving this way & where it will go next.
Price is looking to grab liquidity at 1469 which is exactly where the first bearish channel descends creating a heavy resistance level there. Once those orders have beengrabbed expect price to see a downwave at least into the 1440 Range. Upon mulitiple factors as to why price will shoot down i.e consumer spending increase, end of year repo and deals (to keep economy in the dark and happy so we keep spending) etc etc along with wave analysis & harmonics which I cover in my premium telegram. Feel free to leave a comment on your thoughts and join my team.
We dont make dreams come true
We turn our realty into a fantasy
Price is looking to grab liquidity at 1469 which is exactly where the first bearish channel descends creating a heavy resistance level there. Once those orders have beengrabbed expect price to see a downwave at least into the 1440 Range. Upon mulitiple factors as to why price will shoot down i.e consumer spending increase, end of year repo and deals (to keep economy in the dark and happy so we keep spending) etc etc along with wave analysis & harmonics which I cover in my premium telegram. Feel free to leave a comment on your thoughts and join my team.
We dont make dreams come true
We turn our realty into a fantasy
Comment:
Keep in mind Range for bull can extend from 1469-1473
Comment:
Price fail to break below and shot up to the 1460's region
all trades still in play and dripping heavy in profit
all trades still in play and dripping heavy in profit
Comment:
Bias remain for upside liquidity grab all buys currently active in profit and looking to score around 1469
hopefully a breakage above leads us to 1474-1478
hopefully a breakage above leads us to 1474-1478
Comment:
nuys completed at 1475 now we wait for sell confirmation
Comment:
would like to see a retracement at 1472-1474 then price squeeze at 1485 before falling