Market is currently sitting at a major Demand area.
My idea is that, This demand area provided the push that gave us one of our biggest BTCUSD price. So i do feel a lot of buyers are sitting in this area( Bullish Pressure )
I'll be looking to enter once chart can give me buy pattern(i.e Double bottom). (First Confluence)
Market needs to break my trendline...
Metal is currently trading within a parallel channel creating multple HH and HL.
I Potentially see market falling towards its demand zone and previous support.
Potential traders would look to scalp the retest on the intra-day timeframes.
My personal perspective; I feel as if buyers have been waiting long for a bullish type of move on Gold and with regards to...
I see market creating an overall buy bias structure ( making HH and HL) . I expect the market to continue to make new highs and break the 13800 when US SESSION starts.