XAU/USD: Down to 1900.0 zone +1000 pips (67% probability)
- Price broke the last lows at 1980.0 forming and new low at 1970.0.
- As you see on the charts after reaching 1970.0 price started ranging building liquidity.
- We had a strong bullish daily closure and that is the reason this prediction probability is not strong enough.
- Price grabbed the liquidity above the last high going to 2030.0 supply.
- Also price built a huge pole of liquidity below the last lows at 1970.0.
- If the the Fed increases interest rates by 25 basis points today it will be more likely to happen.
- As you see on the charts after reaching 1970.0 price started ranging building liquidity.
- We had a strong bullish daily closure and that is the reason this prediction probability is not strong enough.
- Price grabbed the liquidity above the last high going to 2030.0 supply.
- Also price built a huge pole of liquidity below the last lows at 1970.0.
- If the the Fed increases interest rates by 25 basis points today it will be more likely to happen.
Komen:
Price reached 2030.0
Komen:
- Market opened with a huge jump to 2070.0.
- Waiting for 4h closure below 2050.0
- Waiting for 4h closure below 2050.0
Komen:
- Price reached 2067.0.
- Now price is consolidating at 2050.0 area.
- Waiting for Friday closure below 2050.0
- Now price is consolidating at 2050.0 area.
- Waiting for Friday closure below 2050.0
Komen:
Daily closure at 2050 :'D
Komen:
- 2030.0 as a pivot confirmation
Komen:
Price broke 2030.0 finally