Alright ladies, so I think my pic says it all. Not looking for longs until we take out that juicy liq trendline. Our last swing low should have taken us to a new higher, however, since we deepdived way toooooo low for my feelings, I see way too much obstacles now for us to climb back again. So... yep. Not saying we wont get another push up but I'm bearish and will...
We bounced from a key area (green line) and are now trying to get past the weekly trend. As long as we do not create a lower low below my current marked daily swing low, I'll stay bullish, especially since the whole move comes more and more to a standstill, so I anticipate a bigger move.
Even I'm bullish in general on gold I don't like how we still can't stay in the green zone (weekly) of el dorado. Time is running up so I'm leaning into bear character and expect a retracte to at least 1967-65 area. Experience showed me, that if too many people will like this post, it'll most likely won't work out, haha.
Insider sell, let's fill the gap... Tradingview wants me to text more BS about this super simplified idea. Liquidity taken. Fib lvl hitted. Insider sell news. Gap down there.
Well, the market doesn't care what kind of great person you are. We will kill all longs before, aka dreams before it'll skyrocket to the moon imo. Checked on multiple timeframes. 1909 - 1906 are my personal bottom premium entrys for a super duper premium swing. Enjoy the ride. My profit target is conservative, I hope actually for even further upside.
Ladies and Gentleman, I'd say the chart is self explaining. Daily Doji candle speaks for a push up from the current levels, however be preapred to consider potentially also 28948 as your entry with SL at 28600 due to liq games on during weekend. I'm aiming at least for 30460.
We need to handshake that daily wick on the top before we dump. Yellow line could be a perfect entry imo at the greediest level where actually everyone will expact a dump.
Rejected from a monthly candle, I expect at least a pushdown to that weekly level below. Created wonderful weekly trends. Entry at red line. Might test the monthly again, I would reenter then.
ARLO delivered some great numbers during the past quarter by extending their new subscription strategy. They expect to have 1 Mil. paid users during the next year but will also see some shortage issues during Q1 & Q2. While I'm long on ARLO (I expect that they get bought at some point from apple or someone else). here is some short term trading idea.
