黄金现货/美元做空
Gold will move up after reaching 2458 - 2433 zone on Daily Frame
My expectations for gold movements during the coming week
After the daily candle failed on Friday and the rest of the week to close above 2531, the candles will head to cheap areas on the daily candle to obtain liquidity, and indeed the market movement on Friday was a rebound of gold to the 2494 areas, where it corrected after that to restore FVG consideration near the price of 2505
With the beginning of next week, the price will retest the 2507-2513 areas before falling again towards the areas drawn in the figure, which are important liquidity areas on the daily and weekly candles, and the first area is 2458 and contains an order block on the 4-hour frame, and the price was able to fill the previous FVG, and here also there is an order block on the daily frame, meaning that we are in a Unicorn, and therefore the price can often rebound from this area, but if the price fails to rise and close above 2500, then we may see a retest of a cheap area on the weekly frame, which is an area that extends to prices of 2430, which is an order Block on the 4-hour frame intersecting with FVG and it is very possible to take liquidity from under the news candle at 2434 and make Turtle soup and then rebound..
Bounce to where.. To the Rejection Block area that is clear in the drawing there where there is very high liquidity above 2527 and of course with a Fibonacci extension above the swing 127 - 138 - 168%.. As an expansion we expect the price to reach prices of 2560 - 2600
Any talk at the present time about a very large drop in gold is illogical at least before the Federal Reserve meeting and the approval of cutting interest or not
This is my vision of the expected price movement next week..
If there are additional or different visions.. According to ICT or any other schools, we may share here on the post for the benefit of everyone..
The information in the post is not investment advice.. It may be right or wrong
After the daily candle failed on Friday and the rest of the week to close above 2531, the candles will head to cheap areas on the daily candle to obtain liquidity, and indeed the market movement on Friday was a rebound of gold to the 2494 areas, where it corrected after that to restore FVG consideration near the price of 2505
With the beginning of next week, the price will retest the 2507-2513 areas before falling again towards the areas drawn in the figure, which are important liquidity areas on the daily and weekly candles, and the first area is 2458 and contains an order block on the 4-hour frame, and the price was able to fill the previous FVG, and here also there is an order block on the daily frame, meaning that we are in a Unicorn, and therefore the price can often rebound from this area, but if the price fails to rise and close above 2500, then we may see a retest of a cheap area on the weekly frame, which is an area that extends to prices of 2430, which is an order Block on the 4-hour frame intersecting with FVG and it is very possible to take liquidity from under the news candle at 2434 and make Turtle soup and then rebound..
Bounce to where.. To the Rejection Block area that is clear in the drawing there where there is very high liquidity above 2527 and of course with a Fibonacci extension above the swing 127 - 138 - 168%.. As an expansion we expect the price to reach prices of 2560 - 2600
Any talk at the present time about a very large drop in gold is illogical at least before the Federal Reserve meeting and the approval of cutting interest or not
This is my vision of the expected price movement next week..
If there are additional or different visions.. According to ICT or any other schools, we may share here on the post for the benefit of everyone..
The information in the post is not investment advice.. It may be right or wrong
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