Elijahenoch7

Gold is Ready For a Bullish Week

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Elijahenoch7 Обновлено   
FOREXCOM:XAUUSD   Золото / Доллар США
XAUUSD

Gold is currently bouncing off monthly and weekly FVG.


It has taken the Sellside liquidity on 4HR with a clear Buyside liquidity above to take and clear FVG to fill, both serving as draw on liquidity.

Hence, I expect gold to be bullish for the next few days till atleast those liquidity above are taking and FVG is filled.

Entry:
Entry is at the extreme of the fvg below, precisely the optimum trade entry level of the Fibonacci retracement tool.

What is your view on gold?

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Сделка активна:
Trade now active and moving in profits
Сделка активна:
Gold is currently moving in up and down within a range.

I will still hold on to my bullish bias till i see gold break-out either to sell or buy.

I will wait for a better and clean setup before entering any new position on gold.
Сделка активна:
First target has been hit.
Сделка активна:
Price is now fully bullish and in massive profits, very close to the final targets on 4H.
Сделка активна:
Gold is still bullish.

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