Hi traders!
Welcome back.
Market conditions is always changing, in this way, we have to change too. There are some confluences to consider in our trading.
Well DXY drives gold on strong momentum most of the time. So DXY weekly target is not yet met Considering harmonic pattern. And Gold had a range 4h, and it’s broken to the down side and after reacting to the strong daily support with strong bullish candle daily. But since weekly target is not met on DXY and non of our structure is broken to the up side on gold, and now market is at the order block, thus if it holds 4h, continue to hold our short, and possible reload. Good luck.
Welcome back.
Market conditions is always changing, in this way, we have to change too. There are some confluences to consider in our trading.
Well DXY drives gold on strong momentum most of the time. So DXY weekly target is not yet met Considering harmonic pattern. And Gold had a range 4h, and it’s broken to the down side and after reacting to the strong daily support with strong bullish candle daily. But since weekly target is not met on DXY and non of our structure is broken to the up side on gold, and now market is at the order block, thus if it holds 4h, continue to hold our short, and possible reload. Good luck.
