Alec_Bliss

GOLD NEXT POSSIBLE MOVES AHEAD OF FOMC

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last week we saw CPI bullish trading through our H4 bearish order block and consolidating above it the rest of the week.

SO WHATS NEXT?:
1) I'm expecting gold to RETEST the bearish it traded through on CPI day and continue its rally up to take out the buyside liquidity resting above previous and or relatively equal highs annotated, fill in the annotated SIBI, trade into the daily bearish order block that caused the shift in market structure to the downside, the sell off from there.
2)I'm expecting gold to open and sell off to fill in the buyside imbalance sell side inefficiency it created and left behind on CPI, then tap into the bullish order block and rally up from the to fulfill its upside objectives aforementioned.

Good luck and good trading

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