A lot of volume currently being built up and we just had a decent retracement for for the previous bullish movement prior to last weeks fall. I would anticipate Gold more bullish due to the season and Our 4Hr and Daily bullish Order Blocks.
Formed a new Hr Order Block (Bullish). Will be extending TP to 1835. Would like to see it run before the close Friday.
Overall downtrending market. But has been bullish for the past week or two. Looking for a rest somewhere around Price 1735 or even lower. No telling at the moment. I do know that we are looking pretty good rn on this nice swing position and will be looking to secure partials along the opening on Sunday. Smart Money Concept
XAUUSD has showed two major rejections at Prices of 1698-1690; and fully anticipate gold Gold to correct much of its bearish movement. Can we see a possible reversal? Not sure; we will have to just wait and react.
Although price may be on a down-trending market; there is currently bullish momentum going on. Lets see if gold will restest our mid 1900s trading levels. 4 Hr OB confirmation.
Price of gold has just plummeted. Although price has been a bit bearish; i do not anticipate much of a pullback. Too much momentum currently; and fully anticipate for price to shatter through 1913.
Price has been in a bullish market for the past 2-3 weeks now. Not saying price is in a reversal state; but i do fully anticipate for Gold to now retrace and give us some sort of new lows. We trade where the liquidity lies. Follow me for more trading sauce. #CheersToMoreLife
Price is a bit bullish and dont see too many signs of weakness at the moment. Lets see if price continues to respect our confluence levels; and push towards the upside.
Gold sells have seem to be exhausted just for now; as we have multiple rejections in our demand. I could see gold be on the retracement towards minimal 50%.
Price is still in a bearish market; but there are signs of sellers exhausting. We also have a bearish straight leg and a Bullish engulfing Candle on hour 1 hour and 30 Minute time frames. I fully anticipate XAUUSD for a nice retracement as we search for minimal 50% on our fib levels towards our strong 4 Hour time frame resistance; also where our 1 HR bearish Order...
Price is very bearish and London will open soon. Anticipate breakout, and towards 1790's by the start of NY.
Signs of reversal. I anticipate price to break a few highs.
Gold has now been sitting in this ranging market with total signs of bearish momentum exhausted. I anticpiate gold to finally blast through our ceiling as we are making engulfing hourly OB's
We see EURUSD has a bearish pendant on our 4 hr Time frame (TF). But also, we continue to rejected our strong ceiling that we are at now after we closed bearish and engulfed with a new Bearish 1 hr OB. Looks like sellers are still in momentum.
As price continues to reject not only our supply area, but continues to reject a close above hour 1Hr and 4 Hr order blocks. I fully anticipate Gold to complete its triple top formation and smash back towards the downside. We also have a 78% retracement rejection. Bulls have seemed to exhaust.
Market made a breakout, and i just happen to be at the right place at the right time, after price sitting at our 61% level all day due to the bank holiday. Happy 40 Pips.
Was pretty quick trade. Gold is still in its channel and would anticipate the market to finish a head and shoulder and push back towards the downside. But we will grab what they market may give us and react in the morning.
As price continues to give us bullish engulfings on the bigger time frames; we have repeatedly rejected demand areas and have about a 61% retracement rejected off of our bullish order block on our 30, and 15 minute time frames.