With careful consideration my fundamental outlook on USD for 2024 including time cycles i have calculated which are not included in this chart overview. I anticipate bearish price action on XAU/USD. i first forecast my fundamental position for USD and then align that with my cycles does it match and make sense? if yes i will then proceed to match my technicals to align with this theory.
I am also forecasting years in advanced to make sure the present year fits the story
Why is it important to establish a yearly bias before anything else?
All other trades can be based off of this information and improve your trading by only taking trades in the direction of the yearly bias as the momentum for the desired yearly direction will be cleaner.
If you would like to know more about my fundamental outlook and pairing it together with time cycles and technical projections please give me a follow as i will be posting regular content on many pairs.
Thank you for reading see you at the next one
THE BEARISH TRADER
XAUUSD
I am also forecasting years in advanced to make sure the present year fits the story
Why is it important to establish a yearly bias before anything else?
All other trades can be based off of this information and improve your trading by only taking trades in the direction of the yearly bias as the momentum for the desired yearly direction will be cleaner.
If you would like to know more about my fundamental outlook and pairing it together with time cycles and technical projections please give me a follow as i will be posting regular content on many pairs.
Thank you for reading see you at the next one
THE BEARISH TRADER
XAUUSD