Fundamentals leads to no drop on Gold any soon. Anyhow, let's see how it reacts with double top at 2198 area.

Or maybe fall to 1984 before 2012? I see a strong Order Block (Demand Zone) in the past at 1984 area which is not tested.

I'm off the Forex Factory learning Fibonacci and SMC and how to mark supply and demand zones properly. I'll be coming back soon with the new strategy and balanced equity, hope you'll doing great and living a good healthy life. -Trade Safe.

Gold is challenging my patience level.

image Buys in Demand Zone in 2014 and Sells in Supply Zone in 2041. Gold looks confusing today.

Just for the surety, yesterday there was a rejection at 2030. There was a fibbonacci level 38.2%? is that why the huge spike upside failed and rejected 2030?

I was waiting for a buy set up whole day and at the end of the day set up formed. It was a proper set up, but the gold pushed down even after pumping upside with the buying set up. So basically Gold is on sell side which is causing failure of Buys...

I have the same chart in front of me. Just elaborate on your idea. The chart will simply make me see what I am waiting for.

There is a Demand Zone below at the 2022-21 area. Expect a price jump from there to at least 2041. As we know, the Asian session is a consolidation. Londons is Manipulation and New York session is Distribution. London is falling with manipulation so ...

image Being patient for my area. Come on man fall down so I can buy there.

image Waiting for this structure to break for entering long. Volume is so dead. Edit: the price is moving lower, better for a good long bullish run.

image

Looks like price action is not willing to let me enter the trade.

Waiting for retracement candle to close.

Gold is in the previous day's supply zone which is still valid. 2030-29 is still holding. Yet gold might break the zone and create a new change of character which will lead it to somewhere 2050 after a little retracement.

In 1 Hour, the candle did not close below the previous SWL (lows) in 2019 although it taped in the 2017 area. According to SMC, this is considered a liquidity sweep. Consider gold bullish until it closes below 2019 in a 1-hour time frame. The 2035 ...

The way I have seen you screenshots of profits. Till now you should've become a millionaire

Took a sweet and fine bloody short from 2027 to 2020. Done for the day. see you again tomorrow.

How do you see 31? I see 28-29 because that is the fresh supply zone. Though it is small but it can be respected due to low volume.

Sniper entries are sometimes frustrating. Keeps getting me out. Will wait for London open to push price back high for a strong drop. 2029 should be the selling area.