Elijahenoch7

Gold is Ready For a Bullish Week

Long
Elijahenoch7 Mis à jour   
FOREXCOM:XAUUSD   Or / Dollar Américain
XAUUSD

Gold is currently bouncing off monthly and weekly FVG.


It has taken the Sellside liquidity on 4HR with a clear Buyside liquidity above to take and clear FVG to fill, both serving as draw on liquidity.

Hence, I expect gold to be bullish for the next few days till atleast those liquidity above are taking and FVG is filled.

Entry:
Entry is at the extreme of the fvg below, precisely the optimum trade entry level of the Fibonacci retracement tool.

What is your view on gold?

Do follow for more updates
Transaction en cours:
Trade now active and moving in profits
Transaction en cours:
Gold is currently moving in up and down within a range.

I will still hold on to my bullish bias till i see gold break-out either to sell or buy.

I will wait for a better and clean setup before entering any new position on gold.
Transaction en cours:
First target has been hit.
Transaction en cours:
Price is now fully bullish and in massive profits, very close to the final targets on 4H.
Transaction en cours:
Gold is still bullish.

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