Dislikedsupply on 8H is entrance .supply W is sl and tp is LONG on 4h. i said to reconsider on 4H reset.and did close pending. All are based on my post frame. on your 's post frame i am considering going long only after 8H frame reloads so can back up 4H frame. Also closed gold short. resist (DEMAND) on weekly is higher than 4H and 8H and is unlikely to breach it with out serious help from other frames. {image}Ignored
For Gold, remember that the Week continues to maintain Bearish pressure below 1280.18 towards the Demand level @1262.46.
At this point, we still expect the market to breach the Demand Level on the Week. Caution: though we expect the market to be bearish tomorrow we should not pre-empt the market. Wait for the application to report the technical levels on the Day before considering a new entry short.
The 8 Hour timeframe indicates that the bullish retracement is unlikely to reach or move above the Supply level @1273.38.
That being said, the Day needs to reload before we know whether it will continue to push the market lower (i.e. Bearish). Assuming the Day tomorrow continues to read Bearish, the new Demand level on the Day will tell us what to expect (i.e. target).
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".