Gold Analysis
Pair : XAUUSD
Strategy: SLP (Structure, Liquidity and POI)
Analysis:
1.) STRUCTURE; Market rejected at the 3hr timeframe ORDER BLOCK level.
The rejection on the 3hr timeframe led to a Market structure shift (MSS) on the 15 minutes timeframe.
2.) LIQUIDITY: The MSS was accompanied by a single candle inducement liquidity.
3) POI : The only poi that was the closest to liquidity was the ORDER BLOCK.
This is an educative thread @godswill I am subscribing to it
More trade outlook to would be published stay tuned
More trade outlook to would be published stay tuned
Gold is looking bearish right nw
Gold is looking bearish right nw
Yeah..I'm expecting gold to sell to my 15 minutes area of interest for a potential buy .
I'm doing this because my overall DIRECTIONAL BIAS is bullish