Community · Gold
Gold discussions.
High Hopes
Good one... Lets see
Risky... no session
Price has started to react at a resistance level after giving a bullish confirmation. This is a short position which is against the overall confirmed bullish sentiment which happened after the market structure shift.
keylevel mitigation, market structure shift, break and retest
Secured partials, lets see where it goes
break and retest
Price is overall bearish till 4190 and price on the LTF rejected off the upper pocket after breaking below
bearish orderflow, price mitigates a keylevel, entry on lower timeframe break and retest
risky
bearish break and retest on $xauusd
price tapped into a fvg and there is a supply zone higher
The Why: DXY failed its bullish continuation and broke down following the weak US ADP payrolls report. Then Entering a Strong Buy on Gold as capital shifts directly out of the weakening US Dollar and into safe-haven…
+1cAN'T sleep so i decided to trade Asia seesion

So basically, we saw the DXY building up some bullish momentum. With that confluence, we got a clear sell confirmation on Gold, which let us take advantage and catch another sell on Gold as well. So yeah, that's pretty…
+1Price was bullish Price is bullish and retraced to a continuation demand zone at the 50% fib level I reversed my short position to this long position