* CONFIRMATIONS - SALES (SELL 🔴)
- Wait for the price to reach the Sell Zone and look for a CHOCH on M5-M1 temporality.
- If the price gets to the Zone with very strong momentum could be a possible change of the trend to look for more liquidity upwards.
- You must liquidate the maximums that are formed in M1.
- Liquidity formed close to the Order Block that...
The price is still searching for maximums, we expect a continuation of the trend, to show a change in structure (CHOCH) at the 1.08200 level we will begin a deep retreatment and we will look for sales in the following week:
Confirmations:
1️⃣ Bullish breakout with a lot of volume confirming the continuation of the trend.
2️⃣ Liquidity intake to continue the...
💡 XAU/USD - GOLD - SMC
🎯 Buy Limit - 1,956
- The price has been generating highs without showing significant setbacks.
- The war in Israel and Ukraine generated insertion in world economies, increasing the value of this refuge asset.
- The price once again broke the limit of 2,000, showing a strong bullish intention in the market.
The price of the dollar has fallen significantly until the beginning of August, showing a decline with considerable bullish strength.
- We hope that the price of the dollar reaches at least 19.5000.
- We have to wait at least for the price to fall since it has taken a target this week, we expect the price to fall back to the 17,000 -17,300 area
The price had been mitigating multiple Supply Zone and we will look for a retreatment of the price to fix all the imbalances created due to the strong uptrend.
- We are waiting for a CHOCH to confirm our retreatment but we need to confirm the change of direction because it is possible that price mitigate our Supply Zone to look for a better Zone to Sell.
Today we had a great opportunnity in XAU/USD the price had been showing us Bullish direcction since few days ago looking Buyside Liquidity around 1970.
Price Action showed un a lot of Bullish strength mitigating a 4h Order block breaking 1938 level after we had a retretment close to the breaker or decisional, Our Confirmations:
- CHCOH 1936.151
- $$$ Liquidity...
