Short-term upward momentum to long-term short on XAUUSD

18 thg 9, 2022

In this ICT/RajaBanks inspired tech analysis I bring you this, as I see it: if the price breaks above the zone on H1, there could be a bigger pullback to fill the gap on daily, take out buyside liquidity and then continue down because we have loads of confirmations there (-dOB, D & H4 FVGs, OTE on daily fib). We also did close bearish on weekly below the support aXAUUSDnd monthly has still room to go down below 1620 or even 1575-ish. Plus with FED raising rates next week...

This is not a financial advice peeps!

24 thg 9, 2022

Ghi chú

Price never gave us premium price on HTF but considering overall bearish status we did have plenty of opportunities to get in short. Weekly target almost reached.

28 thg 9, 2022

Ghi chú

Took some nice sells and also some BEs and losses. Anyway, profit was made, weekly target hit on wednesday so lets sit back and look what gold has to offer us for the rest of the week...