Technically, gold is now in the area which I personally wanna look for sell.
Unless the war news keeps pushing gold higher.
I didn't approach gold lately for several reasons, personally because of the war sentimental was creating a crazy bullish momentum which will be a suicide if we trade against it. Secondly, i was waiting gold to reach the down TL again for double supply zone. I know that several traders tried to look early sell as a retracement but it didn't happen.
Now, on a Daily HTF, gold has filled the FVG and spiked slightly a bearish clean -OB.
In a 4H we also have a double OB inside. If price passes 1929, I would definitely stay away from gold.
But be super careful and don't take my word for it.
Double check any trend reversal signs on LTF for entry.
Good luck.
Unless the war news keeps pushing gold higher.
I didn't approach gold lately for several reasons, personally because of the war sentimental was creating a crazy bullish momentum which will be a suicide if we trade against it. Secondly, i was waiting gold to reach the down TL again for double supply zone. I know that several traders tried to look early sell as a retracement but it didn't happen.
Now, on a Daily HTF, gold has filled the FVG and spiked slightly a bearish clean -OB.
In a 4H we also have a double OB inside. If price passes 1929, I would definitely stay away from gold.
But be super careful and don't take my word for it.
Double check any trend reversal signs on LTF for entry.
Good luck.
Trade attivo
Trade chiuso: stop raggiunto:
Sorry, can't cope with the bullish momentum.