WHY I WOULD BE GOING SHORT ON GOLD!
GOLD SHORT BIAS - DAILY TIMEFRAME;
Analysing #XAUUSD on the Daily timeframe, I am looking to taking potential sell positions upon the retest of the previously formed Daily Supply zone, which confluences with 4H, 1H and m30 Supply zones.
On the Daily timeframe, gold broke previously formed resistance at 1764 and started forming series of HH and HL.
Expecting previously formed resistance at 1960 to be broken, because above 1960 - 1965 lies a lot of liquidity to be grabbed.
Talking about liquidity, upper trendline in the Daily timeframe broke, collecting all liquidity above it in this current rally.
#gold #xauusd #eyethesackfx #thinkandtradelikeawallstreetbank #zonetozone #etsremorastrategy #forexsignals #goldanalysis #ghanatraders
Analysing #XAUUSD on the Daily timeframe, I am looking to taking potential sell positions upon the retest of the previously formed Daily Supply zone, which confluences with 4H, 1H and m30 Supply zones.
On the Daily timeframe, gold broke previously formed resistance at 1764 and started forming series of HH and HL.
Expecting previously formed resistance at 1960 to be broken, because above 1960 - 1965 lies a lot of liquidity to be grabbed.
Talking about liquidity, upper trendline in the Daily timeframe broke, collecting all liquidity above it in this current rally.
#gold #xauusd #eyethesackfx #thinkandtradelikeawallstreetbank #zonetozone #etsremorastrategy #forexsignals #goldanalysis #ghanatraders
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