Dirty Price action... It will trick both buyers and sellers
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DislikedBeen solidly bullish on gold for many weeks now, however I'm looking at a potentially drop this afternoon, over the bank hols and into Tuesday. Looking for a strong close below the Baseline on the 1hr chart, with decent volume below. We are not there yet. {image}Ignored
Disliked{quote} What are the three circled indicators on your chart? Thanks.Ignored
DislikedGold has been good to me. I’m watching 3300 to buy again. We shouldn’t stay below it. I think the trade is very crowded, though.Ignored
DislikedI'm taking this small short position; It's not supported by anything, except the end of ABCD pattern. {image}Ignored
DislikedLet's break it down : All HTF Bullish, 4H TMF has made a LH, potentially for a nice bit Liquidity. For this past week, she has been making her own liquidity during LDN & NY, to then take it and carry on it's push towards the upside. I'm not fond of trend lines, but it is respecting the current bearish in the 1H TMF, along with a little 1H IMB there in conjunction. We do have News which would most likely be the catalyst to take remaining liquidity to then make some good PA for us to then ride the wave it produces. Apart from that, there's not much...Ignored