Hello folks, gold is Bullish in the higher time frames but we are actually in a period of retracement for a move toward 2009.
In H4 last week a beautiful waterfall occured, it's not finish yet as the price is normally going to 1900 first, but before going here it's can retrace again before falling.
The goal of this retracement should be the red box around 1960 here could be a potential zone to find a setup.
Im just trying to use some logic and improve my analysis, my analysis is not a setup.
Next week i will try to find a buy setup to target this zone if it's allow me, if it's not adapt and try to find a sell setup to target the sell side liquidity.
Be safe.
In H4 last week a beautiful waterfall occured, it's not finish yet as the price is normally going to 1900 first, but before going here it's can retrace again before falling.
The goal of this retracement should be the red box around 1960 here could be a potential zone to find a setup.
Im just trying to use some logic and improve my analysis, my analysis is not a setup.
Next week i will try to find a buy setup to target this zone if it's allow me, if it's not adapt and try to find a sell setup to target the sell side liquidity.
Be safe.
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