Gold is Ready For a Bullish Week

3 Jul 2023XAUUSD

Gold is currently bouncing off monthly and weekly FVG.

https://www.tradingview.com/x/0fxW62Sg/

It has taken the Sellside liquidity on 4HR with a clear Buyside liquidity above to take and clear FVG to fill, both serving as draw on liquidity.

Hence, I expect gold to be bullish for the next few days till atleast those liquidity above are taking and FVG is filled.

Entry:

Entry is at the extreme of the fvg below, precisely the optimum trade entry level of the Fibonacci retracement tool.

What is your view on gold?

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4 Jul 2023

Dagangan aktif

Trade now active and moving in profits

10 Jul 2023

Dagangan aktif

Gold is currently moving in up and down within a range.

I will still hold on to my bullish bias till i see gold break-out either to sell or buy.

I will wait for a better and clean setup before entering any new position on gold.

11 Jul 2023

Dagangan aktif

First target has been hit.

13 Jul 2023

Dagangan aktif

Price is now fully bullish and in massive profits, very close to the final targets on 4H.

27 Jul 2023

Dagangan aktif

Gold is still bullish.