GCGoldenCircle

Trend decider.

Long
GCGoldenCircle Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Price seemed under pressure from 1970 for a few months straightforward and rejected there multiple times that can't be counted on your fingers. This level plays a big part in protecting the highs of 2000-2100.

If it. Somehow goes above and stays below and starts to take out the 1940 we can go back to the 1930$-1925

For the ideato work it should bounce off the 1951 if it can

This is a continuation of the previous idea please the idea if helpful.

We seem to be in a third wave 🌊
Trade active:
First stop got played on brace yourself as 1940/47 is the SL break of 1947 will invalid the daily bias. Buyers need to show presence from 1958.83/1960.80

This will validate the idea shared
Comment:
Long wicked hammer ⚒️ protecting initial zone1955.51 let's see how it goes 🏌️
Comment:
38% retracement=1921/1915 where buyers SL are. For the idea to work it's SL is from 1915/1964.5 for sellers their idea is from 1970/2070 SL

Entry both for buyers and sellers 1952 as rejection shows

Below 1947 can trigger a fall to 1930/22/1915.17.

Buyers support 1902/1865.

Sellers targets 1885/1805 if 1902/1885 breaks which guards 1864
Comment:
Comment:
I took out my trade sellers are overwhelming(what goes up must come down strategy of play seems intact from 1864/58)buyers below 1964/60 which is a buy area after this retracement up to 1942/30 which is inbetween fib levels 50% & 61.8 golden zone I am looking to buy again but not yet I'll come thru with an idea when I see it fit my idea
Trade active:
Came down to one of my retracement points and couldn't break lower. I see most sellers took take profit and got kicked out now. Soon the move to 1970/1985 will happen in a few weeks. Break of 1966 is needed to confirm this move up to 2021-2600
Trade closed: target reached
Trade closed: target reached
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