WEEKLY GOLD OUTLOOK π¦Ύ
Going into this new week, I want everyone to understand WHERE Gold is currently trading and WHY patience is going to matter
Starting from the Daily timeframe, I have 2 major imbalance / value areas that Iβm focused on. These are the areas where theres a high probability we could potentially see a much stronger reaction and find our higher quality setups
π΄ SELL-SIDE AOI: 4500β4550
π’ BUY-SIDE AOI: 4155β4220
Right now Gold is basically trading in the middle of both areas. The goal is to see if price to come into one of my discount/value zones, then build the trade from there
INTRADAY / SCALP PLAN π
On the H1, Gold is currently sitting between two smaller key levels:
4440 β High
4415 β Low
ideal sequence is:
30M BREAK + STRONG CANDLE CLOSE β WAIT FOR RETEST β 15M VALUE ZONE FORMS β VOLUME/MOMENTUM CONFIRMS β EXECUTE
Above 4440: If we get a clean 30M break and closure above, then bullish PA continues building and I'll look for a fresh 15M bullish value zone/retest to potentially take buys toward our higher levels
Below 4415: If we get a clean 30M break and closure below, I'll look for bearish structure to develop and a fresh 15M value zone to potentially catch sells into the lower areas
We want the closure, structure, volume and value zone to actually form first
Going into this new week, I want everyone to understand WHERE Gold is currently trading and WHY patience is going to matter
Starting from the Daily timeframe, I have 2 major imbalance / value areas that Iβm focused on. These are the areas where theres a high probability we could potentially see a much stronger reaction and find our higher quality setups
π΄ SELL-SIDE AOI: 4500β4550
π’ BUY-SIDE AOI: 4155β4220
Right now Gold is basically trading in the middle of both areas. The goal is to see if price to come into one of my discount/value zones, then build the trade from there
INTRADAY / SCALP PLAN π
On the H1, Gold is currently sitting between two smaller key levels:
4440 β High
4415 β Low
ideal sequence is:
30M BREAK + STRONG CANDLE CLOSE β WAIT FOR RETEST β 15M VALUE ZONE FORMS β VOLUME/MOMENTUM CONFIRMS β EXECUTE
Above 4440: If we get a clean 30M break and closure above, then bullish PA continues building and I'll look for a fresh 15M bullish value zone/retest to potentially take buys toward our higher levels
Below 4415: If we get a clean 30M break and closure below, I'll look for bearish structure to develop and a fresh 15M value zone to potentially catch sells into the lower areas
We want the closure, structure, volume and value zone to actually form first
β€12π₯7π―4
Forwarded from WolvesVIP
Price broke below AOI ! Letβs wait for 30min closure
β€2
GOOD MORNING FAMILY! βοΈ NEW TRADING WEEK IS HERE!
First things first, weβre all BLESSED to wake up today and have another opportunity in front of us π Now itβs time to show give this week our BEST
QUALITY OVER QUANTITY
Letβs lock in and have an amazing week, family!
First things first, weβre all BLESSED to wake up today and have another opportunity in front of us π Now itβs time to show give this week our BEST
QUALITY OVER QUANTITY
Letβs lock in and have an amazing week, family!
π₯14π―5β€3π1
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β€16π₯3π―1