Catching the PM Session reversal. SMT on the low. Anticipating price to reach for the 4th Standard Deviation aka Terminus.
Trailing Stops to protect position. Immediate Rebalance failed and 50% of wick closed above - lets me know lower prices are out for now.
Quick idea of what i foresee for the upcoming day or so. Enjoy
Gold has finally broken out of consolidation. Look for bearish momentum down to 1881-1877 before more consolidation
Price touched resistance 3 times and failed to break. Should be due for a big drop down to 136.937 as price struggles to break through the resistance area and out of consolidation.
