GOLD MAPPING THIS WEEK 📊
Take some notes this is for whole week, make sure to pay attention.
Target still bearish because gold already breakout our strong trendline that i predicted to brakout on last friday.
Simplify Information :
1. Breakout Trendline
2. Reversal HNS Pattern
3. Making Cycle For Bearish
4. Target On H4 Base At Bottom
5. Buy Only For Scalping
Now gold already show bearish momentum, which like i said in mapping. See another new ATH for the last then we will see strong trendline breakout.
So that now it happen on the last day, combine with HNS Pattern as we know confirmation for reversal.
Simplify Information :
1. Strong Trendline Breakout
2. HNS Pattern Happen After Breakout
3. Weekly Candle Close...
After price making new ATH yesterday, i can see candle start losing momentum.
Maybe we will see the last new ATH for today before gold breakout the trendline because FOMC will be held today.
Simplify Informations :
1. Loss Momentum
2. FOMC Cause The Bull In Dollar
3. Wait For Reversal Pattern
4. 3 Zone Buy Where Price Didn't Take The Liquidity Yet
As you guys can know last week market shocks every trader with new All Time High 3000.
Need to expect 500 pips retracement for this week, minimum until the zone 2
Simplify info:
1. Base H4 Candle Best Zone To Retacre
2. Breakout Multiples Resistance
3. HNS Patter In Construction
4. Wait For Confirmation On Last H1 Base Candle
Only that what i can see right now.
CURRENT MARKET PRICE 📊
Based on analysis above we can try for scalping if everything fine but most of the time i will wait for confirmation.
Even my drawing above show dropping then bullish but you didn't need to follow it if price breakout the resistance area first.
Simplify Informations :
1. Sideways 200 Pips
2. Chance Liquidity Sweep Happen
3. Market Trap
STICK TO THE PLAN 📊
My target gold will bullish today.
So stick in your mind gold will bullish today try find buy setup. Price already reject the HNS zone.
So if that happen just using the fibo retracement to entry every bullish cycle to ride the trend
