the next 22 dollars will strongly determine which way price decides to break. From current control price of 1822 a 22 dollar below to floor support of 1800 which is subject to break to go fill the liquidation wick at 1680 for a market equilibrium correction before climbing back to highs of $2,000 ++ a 22 dollar rise however will magnetize us towards higher...
trade active 1.609
Upside Targets Launched For X A U. Fulfillment of Orders Above Before Any Drop
Liquidation push to support marked. Then back up to previous resistance to build volume within the consolidation range marked.
Next target retest of the top of the range of current channels
Threading within range it has built support heading back up to high 1800's for a retest before dropping into lower 1700's region
Trend Within Larger Range Accumulation Of Volume For Larger Breakout Impending
1855 <-- $ 4 0 DOLLAR GAIN --> 1895
S P E C U L A T I V E x S C E N A R I O E L E C T I O N approaches
Simply put, when observing the PATTERN of an asset class trend & NATURE of forex we can see that XAU floored support at 1850's now making roughly a 1 2 5 dollar move upward. When in those ranges we will have an optimum range to SELL HEAVY
4 0 $ D O L L A R - R A N G E
$100 dollar - 1000 PIP SWING I N B O U N D
NFP FIRDAY AUG 4TH permanent job losses went from half a mil to 3.5 mil vs job gains are 1.73 mil Economy is stagnant despite reopenings suggesting higher inflationary methods will be taken upon the FED which will inevitably raise the price of XAU