SmartMoneySource

Gold Trade Idea (XAUUSD - GC)

Short
COMEX:GC1!   Gold Futures
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF
- ETC
Trade active:
TP 1 Hit! It almost hit TP 2.
Based on the new data, my analysis is indicating that the price is likely to move higher and take out today's high at 1965
Trade closed: target reached:
If you followed my update on the comments, TP for the up move smashed!

Learn how to become a Full Time Trader on SmartMoneyWay.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.