The purple zones represent the Daily Market Structure and zones. Based on the 4H Market Structure, the price is bullish creating HH & HL. Expecting the price to return to the Daily LH zone, before a possible bearish reversal again.
Trade attivo
Price move as anticipated. Retested the BOS zone before the bullish continuation. Buys is the only option to trade on Gold at this time. Price is expected to reach as high as 2720.00. Please trade with proper risk management.
Trade chiuso: obiettivo raggiunto
Target met with today's CPI news. Price moved exactly as analyzed hitting TP. As price continues to approach the marked area, wait for a change of structure in the 4H timeframe, to confirm the trend direction. As of now, price remains bullish. Good Luck Traders!
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