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Stalking for sell side expansion on GOLD
The market condition for Gold is consolidating, However I don't mean to know where the break out is going to be, Just a anticipatory on a Gun to my head.
Gold has been consistently trading higher for a while now looking at price alone. Recently the market has been showing evidence for the likely hood of higher time frame retracement, Monthly & weekly.
With that said, Last week the market has run an old daily high buy side liquidity pool & quicky reject the high. And looking at the daily chart the market looks like is going to run an old daily low next.
In the lower time frame I will be waiting for short setup with that higher time frame bias. I will formulate everything I do on daily basis to get in sink with that bias.
Gold has been consistently trading higher for a while now looking at price alone. Recently the market has been showing evidence for the likely hood of higher time frame retracement, Monthly & weekly.
With that said, Last week the market has run an old daily high buy side liquidity pool & quicky reject the high. And looking at the daily chart the market looks like is going to run an old daily low next.
In the lower time frame I will be waiting for short setup with that higher time frame bias. I will formulate everything I do on daily basis to get in sink with that bias.
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