🔥 XAUUSD MARKET UPDATE 🔥
📉 Market Phase: Markdown -> Phase A (TR Formation)
📊 Action: WAITING 🛑
📝 Technical Notes:
• SC: $4716.84 (High Vol 321)
• AR: $4731.64
• Current: $4721.55
Price action indicates a massive flush. We are looking for a structural shift (CHoCH) or a clear Spring before considering any entries. Supply is still hovering. Stay disciplined. 🛡️
#XAUUSD #Wyckoff #TradingDiscipline
📉 Market Phase: Markdown -> Phase A (TR Formation)
📊 Action: WAITING 🛑
📝 Technical Notes:
• SC: $4716.84 (High Vol 321)
• AR: $4731.64
• Current: $4721.55
Price action indicates a massive flush. We are looking for a structural shift (CHoCH) or a clear Spring before considering any entries. Supply is still hovering. Stay disciplined. 🛡️
#XAUUSD #Wyckoff #TradingDiscipline
⚡️ XAUUSD MARKET UPDATE ⚡️
Status: ⏳ STANDBY
Trend: 🔴 Bearish Structure
Price: 4769.49
Analysis:
Spreads are currently elevated (82), exceeding our risk parameters (65). Price is seeking liquidity. We are monitoring the 4774 supply level for a potential high-probability short once spreads stabilize.
🛡 Preservation of capital is our top priority. #Gold #TradingDiscipline
Status: ⏳ STANDBY
Trend: 🔴 Bearish Structure
Price: 4769.49
Analysis:
Spreads are currently elevated (82), exceeding our risk parameters (65). Price is seeking liquidity. We are monitoring the 4774 supply level for a potential high-probability short once spreads stabilize.
🛡 Preservation of capital is our top priority. #Gold #TradingDiscipline