If Daily Supply Fails let's be strategic & Target 4Hr HIGH LONG!

6 gen

MGC1!

"In order to be successful in life you have to learn how to do something so well that the dead, the living, or the unborn could not to do any better."  -Dr. MLK Jr.

Here on the Daily TF market opened up and we are currently trading underneath Daily Resistance/ Daily Supply Zone ($2661.4). Now this is my "Confluence Profile 500K" Playbook System to go LONG;

Pillar 1) HTF EOF 'Market Direction' Who has the stronger more dominant hand?
Now everyone's perception is different and that is totally fine. In my personal opinion we are still Pro Trend Bullish. I believe we are caught in the middle of a current HTF Market Correction however LONG TERM I still see GOLD pumping towards 3K. 4Hr TF we are also Pro Trend Bullish lining up directly with the Daily TF. We also have more confirmation being that the 4HR High ($2656.0) was taken out with bar closures / strong aggression to the upside from aggressive buyers lifting the offer deep into the HTF Daily SUPPLY ZONE. So now my PILLAR 1) HTF BIAS has been made. Pro Trend LONG & Counter Trend SHORT.)

Pillar 2) HTF Mitigation leads to LTF Order Flow Entry Confirmation.
Let's wait for a 15m Bar closure above Daily Resistance Level ($2661.4) for our 1'st official signal LONG. If and when we can get this to play out in PA I will keep close update on the next steps in the Playbook.

Before I head off, family I have to say; NOTHING and I repeat NOTHING in the market is set in stone. We play probability & adaptability to market conditions. Let's be skilled. Let's be patient. Let's be focused. Developing a stronger system that performs exceedingly well over time. Continued Success to you all...

Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
https://www.tradingview.com/x/GwqvcmRK/
https://www.tradingview.com/x/fP3Pypkz/

6 gen

Nota

Update! Currently Daily Supply Held as sellers developed the stronger hand for the market opener and pushed the price lower. We now have a 4Hr demand failure so let's continue to just sit back and watch & stay ready for a small window of opportunity to strike GOLD ahaha literally.

7 gen

Nota

We had a strong push down into Daily Demand Zone EQ Level ($2,624.5) and then order flow shifted from bear flow to bull flow where buyers developed the stronger hand inside the demand zone and pushed the price of GOLD rii back up into Daily Resistance Level ($2661.4)... Let's be patient to wait for our SET UP to develop in the Orde Flow Footprint..... #500K

7 gen

Nota

Here on the 1m TF we have an ascending iR/LQ Trendline being built to the upside here in the overnight LONDON session... Back tomorrow for NY

7 gen

Trade attivo

Currently SHORT 15cons. ON GOLD>>

7 gen

Trade chiuso: obiettivo raggiunto

Confluence Profile 500K (Expectational Order Flow + PA) 20pt Stop / 5R Run... Well-Done!! I'll be dropping a video on this trade breakdown today!! Make sure to follow me. #BHM500K

7 gen

Nota

Video breakdown coming this evening.... Stay Tuned!!!