Maybe a long at 3345 3350 plus overshoot) but even then it could be trying to catch a falling knife
Insane in the Brain..
3
DislikedUsually when price facing with a considerable downward move during Asia and London timeframe, and if the higher timeframe structure is bullish, a strong upward move to the highest level of the day happens. Lets wait and see.Ignored
DislikedGold - 15min enjoy full sell ... from 3386 ... 3361 all book exit ... back again on NY session if any entry {image}Ignored
Dislikedwatching this rejection from 3363-3365 zone, waiting to see bullish momentum and close above 3369 which lets me enter my high probability setup to 3381, 3397...Ignored
DislikedIMHO 10 to 20 USD fluctuation in a day is normal. But 45 USD drops? I usually go for long but gold acting so shady these days.Ignored
Disliked{quote} Its going down right now. IMO I dont think it can recover daily high today because the range is too far. But I could be wrong right?Ignored
Disliked{quote} Rising wedge + MACD Divergence + fib confluence Level 1 (3374/0) broken Next level 3355/48. Momentum strong. {image}Ignored
DislikedThis leg is probably the last set of discount offers from 3400s. Technically, bullish buildup is still intact in a larger perspective so, I will see it as a pullback. Unless they keep going 3100s and stay within the fair range. But also, I don't think it will do due to rate cut expectations. Really depends on the health of the job market/economic situation, looming geopolitical conflicts.Ignored