Waiting for price to reach the fair value gap, where my buy limit order waits to be triggered. Let's see...
GU perfect entry bullish. orderblock h4 is respected.
gold xau movement based on pure technical analysis.
there is a possibility that price will reach for 1616 for a short term run just by today. the present price is also a discount in the 15 min chart. looking for a short in this setup
Considering a high probability of a retracement. there has been a rally yesterday, we are expecting a cool off for a while before targeting 113.500
after all the drama, there is a potential entry if it gets in the point of retracement as indicated. waiting for the entry to be triggered..
We are looking at a very possible upward move in the S&P. The result of the JOLTs report could possibly add to this upward move. The downward move lately is finding enough liquidity for a price upward. The present price is a strong support which when it gets broken may reach down to 3180.40 then going up back to 3223.79.
After retesting 1709.73 and possibly going farther to 1718.11, which is a well respected pivot point of resistance, it might go down following its trend. we are seeing a lower high lower low pattern as well in the 1 hour timeframe. after reaching the said pivot points of resistance, we could very well expect the price to go back to 1699.89 which is a possible...