MTF Engulf / Engulf fail

gold asia high target

gold asia session. look for ce in tc.
update

Covered back half of early loss.

gold asia session tp1 and balance to SL.

Sifu,
what is your 4h previous closed price?
Mine is 2933.88, so i think my final target bull for there.

Good breakout wait for buy limit area

2933.92
beware of pullback anytime and maybe 50% of up move.

gold tp all

gold consolidation. wait for europe session.

gold fvg

gold to BE

some violent drop got the BE

gold qm

sl taken. london session another attempt.

Interesting - same for me. Stop out and back in bit lower than you but idea is same.

Be careful if you are long. This BB is holding its ground, so far.

For me trend is up. From Resistance to Support. As trend is up we have at least double top,
or maybe new high of day.

After several force trade at early day of this week,
my conclusion is we need bigger to support either trend or counter trend trade for enter market,this is higher winrate,
and one thing, we can take higher tf 1h to daily open/closed price as critical S/R, week kind of too long time to say for intraday move, but need to beware if price reach weekly open /closed price, then switch to daily -4h-1h to check any EG /EF , fvg…..

personal view for gold,
gold still up bfr test that 4h open/closed price 2933.8-34 for me, cause price is above daily open/closed price currently,
i may wrong, i still using my small capital to test.

just now the drop from 1h open/closed price reaction,
i still not so confident for my this theory,
but i have see several time , open/closed price reaction like EG/EF reaction.
other traders can try to observe yourself.

gold put to BE

look at the daily.
when a trend is up, most time there is one or two days of red candle.
so whenever there is a red candle, the next one or two days are opportunities to buy.
the previous days high is the target.