Once in a lifetime opportunity
Here we go with Curved support and resistance
By parallel shifting curved support to fit resistance, this line gives us clear confirmations about market highs and lows.
So I think this time, we got to short XAUUSD because:
1. Hit resistance line
2. Exhausting trend ending candles (big body)
3. Easing geopolitics (Isreal - Hamas, US - China)
4. Fed policy cut probability shifted to early Autumn
5. China's bought lowest MoM tons of gold in March
6. There is a 2.5% chance to continue gold rally (9%+ return in 2 month in a row)
And also in LFT
We have an ascending channel which is reversal pattern.
So lets earn tons of PiPS in upcoming two months.
Here we go with Curved support and resistance
By parallel shifting curved support to fit resistance, this line gives us clear confirmations about market highs and lows.
So I think this time, we got to short XAUUSD because:
1. Hit resistance line
2. Exhausting trend ending candles (big body)
3. Easing geopolitics (Isreal - Hamas, US - China)
4. Fed policy cut probability shifted to early Autumn
5. China's bought lowest MoM tons of gold in March
6. There is a 2.5% chance to continue gold rally (9%+ return in 2 month in a row)
And also in LFT
We have an ascending channel which is reversal pattern.
So lets earn tons of PiPS in upcoming two months.
Comment:
Now we add some positions because we have confirmations about market high, and volumes. So add positions