FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
This should not be regarded as a financial advice but only for educational purposes and my personal opinion.

There has been a change of character on the one hour TF, now we start looking for buy opportunities. Price is pulling back after the BOS creating inducement. This inducement has to be taken out before price eventually goes up. The POI for my buy entries I’m looking at here is the discounted area below the inducement.

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.