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Wutm4n replied Nov 22, 2024Possible at least some correction around this levels. Looking for some exhaustion in bull trend. For now no confirmation yet. image image
Gold
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Wutm4n replied Nov 13, 2024Sentiment clearly changed for bear in gold market at least for now. And interestingly technicals showed that reversal. I will look at little long pos when price will sweep 2545 and will align with touch with the lower trendline.
Gold
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Wutm4n replied Nov 4, 2024In my view, I would like to see to grab some liquidity above 2762 to start long awaited correction. Close below the ChoCH on 4H TF would show first time bearish market from long time. It's just from technical POV. Interested how election will ...
Gold
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Wutm4n replied Oct 28, 2024Possible bigger correction is sight, ranges in my 4H market structure marking gettin smaller. I will look at those levels how the price behaves and what situation around is. image
Gold
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Wutm4n replied Oct 24, 2024IMHO likely incoming two scenerios before reaching new ath, first price will target the low of 2709 then will renew its run to ath, or will target firstly area of 2750 and then will sweep 2709 to make new ATH. After that we shall see what ...
Gold
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Wutm4n replied Oct 22, 2024The price is approaching interesting levels, multi monthly trendline which last 2 times caused significant pullbacks. If this is the case, we could see 2100 levels back again. When price will reach 2770-2780 i will look for 4H shift in market ...
Gold
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Wutm4n replied Oct 22, 2024For now there is no sign of any pullback, price should take previous high as this move down was very inefficent in its nature. Little profit taking probably took place. image
Gold
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Wutm4n replied Oct 18, 2024Seems price is determinted to target strong trendline which caused in the past correction which is waited by everyone. Personally will observe for trend change around 2750-2780. We shall see, i will also look for any hints for fundamental news which ...
Gold
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Wutm4n replied Oct 4, 2024From perspective, price reaching this trendline gave two times strong reaction. I will wait to reach that target to start to look more on bearish side for longer time, It would be nice if at that time some fundamentals would support that idea too. ...
Gold
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Wutm4n replied Sep 26, 2024Price broke major trendline which before lead to strong rally. It could happen again, but you never know. Some local retracement could happen soon but major pullback i would expect from 2750-2800. image
Gold
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Wutm4n replied Sep 24, 2024The market today is anticipating already 50pts of cut. Last week there was 20% probability that the rate will be unchanged, today there is not even this taking into account.
Gold
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Wutm4n replied Sep 14, 2024Its the amount of pips after the BOS which after began retracement. Similar increase of 150pips above previous BOS. First brakeout was 180Pips, second 330pips, third 480pips, thats the numbers, just an observation.
Gold
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Wutm4n replied Sep 14, 2024Interesting observation that after 4Hr Valid BOS Price is repeating 150pips extension to previous break before retracement. 180->330->480->630??? I will observe the price around 2594 for possible retracement. image
Gold
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Wutm4n replied Sep 12, 2024Price broke of the channel and closed above, so probably we are heading till around 2580 and then some correction to down. image
Gold
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Wutm4n replied Aug 18, 2024After sweeping previous quarterly low with rejection, seems like Aussie wanna to continue its upward move to take previous monthly high. We could expect some retracement now as we aproached daily FVG but we need to check lower time frames to confirm ...
AUD/USD
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Wutm4n replied Aug 18, 2024We broke throught the major trendline, which could lead to very fast run till ~2800 level after small pullback. image image
Gold
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Wutm4n replied Jul 19, 2024Wondering if there will be some correction after sweeping low of the 4HR. Still slightly sour after missing my entry litteraly few pips at the top.
MTF Engulf / Engulf fail
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Wutm4n replied Jul 18, 2024Will look for short entry if price sweep asian high or tap OB marked at the top of the range if the price will give sell signal. image
MTF Engulf / Engulf fail
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Wutm4n replied Jul 18, 2024Will look for short entry if price sweep asian high or tap OB marked at the top of the range if the price will give sell signal. image
Gold