Technical Overview: - GOLD $2000 TARGET🎢
Check out our previous posted analysis about XAU/USD
Last week we anticipated that we will be seeing selling pressure kick in from the marked zone.
Following our analysis we also updated our weekly analysis and followed up by giving a new potential buying opportunities.
HTF - From a higher time frame (weekly, daily)
price is still in its bearish drive to the downside
By us understanding that price is still in this momentum we need to better shape out analysis to more a convenient buying opportunity.
We are near a a very strong buying point of interest from a weekly perspective.
If we want to buy at the best price we need to be patient and wait for price to sell off into oversold POI
You are no longer a trader, you are an investor and need to think like one.
We do expect price to push down lower from a higher time frame perspective.
Smaller time frame -
From a 1 hour perspective price is just starting to turn bullish with no sign of bullishness from 4h just yet..
We stay on the side of buying the opportunities after confirmation and we are looking for price to drop to the downside potentially taking out 1786 for a more ideal entry at cheaper prices.
We have tapped into a small buying POI from a 1h perspective this could lead price to the upside temporarily, because trading is reactive we need to see if price can show us bullish intent and if price does continue to rise we will use this as intent for the next pullback as an entry.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Check out our previous posted analysis about XAU/USD
Following our analysis we also updated our weekly analysis and followed up by giving a new potential buying opportunities.
HTF - From a higher time frame (weekly, daily)
price is still in its bearish drive to the downside
By us understanding that price is still in this momentum we need to better shape out analysis to more a convenient buying opportunity.
We are near a a very strong buying point of interest from a weekly perspective.
If we want to buy at the best price we need to be patient and wait for price to sell off into oversold POI
You are no longer a trader, you are an investor and need to think like one.
We do expect price to push down lower from a higher time frame perspective.
Smaller time frame -
From a 1 hour perspective price is just starting to turn bullish with no sign of bullishness from 4h just yet..
We stay on the side of buying the opportunities after confirmation and we are looking for price to drop to the downside potentially taking out 1786 for a more ideal entry at cheaper prices.
We have tapped into a small buying POI from a 1h perspective this could lead price to the upside temporarily, because trading is reactive we need to see if price can show us bullish intent and if price does continue to rise we will use this as intent for the next pullback as an entry.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
