Gold trading idea, liquidity and levels
Are you trading gold?
Here's a XAUUSD analysis based on Wyckoff method and Price action
These are the levels of Gold that we need to pay attention to.
We'd like to see price re-test above levels (1804-1805) or 1810-1811 levels.
If price refect these levels, we willl wait to signal to short orders to test the Imbalance zone and Last Point of Support below.
We also marked key-levels on above chart.
Let's wait and see how the price reacts at these levels.
And we'll only enter when there is enough confirmation.
e.g about Confirmation
a reversal structure or a Wyckoff accumulation range on a small timeframe.
If you find the article useful or interesting,
Let's comment below !
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Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Here's a XAUUSD analysis based on Wyckoff method and Price action
These are the levels of Gold that we need to pay attention to.
We'd like to see price re-test above levels (1804-1805) or 1810-1811 levels.
If price refect these levels, we willl wait to signal to short orders to test the Imbalance zone and Last Point of Support below.
We also marked key-levels on above chart.
Let's wait and see how the price reacts at these levels.
And we'll only enter when there is enough confirmation.
e.g about Confirmation
a reversal structure or a Wyckoff accumulation range on a small timeframe.
If you find the article useful or interesting,
Let's comment below !
------------------------------------------
Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
