i just seen that fed news is gonna be in 7 hours from now that a lot of time for gold to cover a lot of ground so we go long cs of order blocks to the left which should support the buys scenario
note im not a student just know his YouTube stuff what i see is a completed market maker buy model lol not sure if that even right there is equal highs tho so this is more like of a price prediction then price analysis
gold gone back up again as suspected and reached 1806 on the 4 hour it rejected it quiet strongly now that put as in a dilemma was the sell bias from 1806 right after all or we still could see price pushing back up the best thing to do is not chasing price now our best bet after the FED NEWS price would have pushed up then we short yet it comes whit a risky trade...
gold the bearish bias from 1806 seems quit inaccurate price seems to be rejecting the downside quit strongly so if price well move lower for the rest of the week it might wanna go for the buy stops to grab enough liquidity so best next level for the sell is at around 1813-1814 whit the fed news tomorrow thigs are getting toasty BE CAREFUL everyone GOLD is pretty volatile
sadly the entry missed whit about 8 pips we might see a pull back up tho if that's happened the risk is very high and u shouldn't run after price now whit the fed news tomorrow nothing is guaranteed
ihh the short bias is kinda pretty risky u might wanna take it easy whit this one price could easily reach higher i would prefer if it don't reach above 1808.63 level
goldie i see a possibility for going up and down its just a opinion of mine why i think that well the green line 1806 represent a level of a bearish breaker price have to draw people to buy then dump if that's what price really gonna do like if the bias is right ofc ihhh the probability of that is quite week but whit good risk management and profit taking well do...
the idea is that gold well keep stalking collecting enough buys to go down later the entry is time sensitive price should be above entry when its 12 nyc the trade is risky as its monsay price could go for some kill of liquidity and i don't have an idea where it could be
bearish biased cs of liquidity under 1800
i wanaa short it so badly every cell in my body telling me to short it but price is there not welling to do so could be a simple liquidity grab before going doing above the 1818 level but in same time maybe price stalking to collect enough sells for correcting the bearish move but my experience and time whit gold telling me it should drop heavily i take hard Ls...
thinking we should see a bullish move soon from here as long as price don't close under the green level and dont take that low on orange to keep buyers in but it could be a liquidity manipulation and price dive under that low ps its only an idea of mine i have no risk in this be carful
yesterday was a battle whit gold but we win in the end lost 4 r now its up more then 10 R
according in aljebra we should go up yes so backle up
blah blah long long dont take it seriously
We took 3 Ls on gold are we ready to risk it again or it gonna be a killer blow oh no I used some fibs to find some levels and determined that the box u see is a good possible buy zone and half of it for the entry is should result in a sniper entry RISKY TRADE BE CARFUL
Gold we continue looking for buys so lets go time and price theory thes is it
gold made a massive move yesterday whit the FED news and FOMC the short was obvious that it gonna happen but it was surprising how low it gone and whit that i guess it seeked all liquidity and stop losses there is and it pretty near the 50 percent level now of the bullish move that started two months ago so that a good discount so maybe we gonna see a turn from...
As i said price well likely to dip lower to go up so we gonna try to capitalize on that to be honest i don't think the trade have high chances as that not my strength point to take trades capitalizing on move that i pridect may happen but if i see there's a chance then there's something there price could take the stop loss before going down so waiting for a good...