Gold sell
Was expecting Gold to be bearish with FED interest rate hike of 75 basis points.
There was an institutional move up to the 71.8% fib of the earlier institutional sell.
The move up yesterday left several areas of imbalance where I think price would like to return to.
These have been identified in the chart through Fibs, 50% of institutional candles and an order block where SLs were killed prior to the rally.
See the chart for bounce areas of interest
.......Of course, it may all just go above 1870 and beyond
There was an institutional move up to the 71.8% fib of the earlier institutional sell.
The move up yesterday left several areas of imbalance where I think price would like to return to.
These have been identified in the chart through Fibs, 50% of institutional candles and an order block where SLs were killed prior to the rally.
See the chart for bounce areas of interest
.......Of course, it may all just go above 1870 and beyond
Nota
Price action moved as predicted 1. Identify the trend
2. Identify areas of imbalance alongside Fibonacci points
Dagangan ditutup: sasaran tercapai
Boom!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.