TP 2380 1st target

1 авг.

the opening of the session asia market and confirms the bearish nature of the market on monday Friday 1 August 2024 The price is completely done eated the liquidity at 2458 the area of interest and liquidity before a possible decline

The news CPI , FoMC press conference
S&P PMI, ISM. Traders are expecting relatively warm data, but, at the moment, everything revolves around the perception of inflation news regarding the inflation itself in the Fed's further view on monetary policy which remains unchanged

High volatility is possible.

Technically, on D1 gold is trading in bearish territory and at the moment, after updating the local low, the price is heading towards the liquidity zone, from which the sell-offs may increase.

There is a possibility that before further decline the price may go deeper, for example, to test the imbalance area, as well as the previously broken channel boundary (liquidity capture).

Stong support at 2289 confirmed

It is possible that the situation may change, as traders are overreacting to inflation-related news, but at the moment, on the high timeframe is formed exclusively bearish setup on the negative fundamental background

more likely this trade setup will activated now

1st drop 2380
2nd drop 2330
3rd big drop 2289
4th big drop 2160


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6 авг.

Сделка закрыта: достигнута тейк-профит цена

Target completed 1000% satisfaction

10 авг.

Сделка активна

Second drop activated now