PULEMokhothu

XAUUSD 2004.27 -1.77% DAILY BREAK DOWN FOR THE WEEK

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE GOLD IN THE COMING WEEK.

GOLD COULD CONTINUE THE CORRECTION BEFORE RALLYING TO TAKE THE WEEKLY BUY SIDE LIQUIDITY.


* Looking for some shift or rather break below of the swing low to confirm a bearish bias this week.
* Should this happen looking for PD ARRAYS to enter or change my bias on gold.
* But momentum tells me that we might just see some correction with the bears before we push higher on GOLD.
- Should set up play out-
1. targeting the unmitigated FVG below
* If we break above and close above the bearish OB trade is invalidated.
- TARGET would be the FVG that is unmitigated before continuing to the upside.

lets see how it goes.

IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤

LOVELY TRADING WEEK TO YOU!

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