WEEKLY FOREX FORECAST OCT. 14 - 18th: GOLD | XAUUSD

13 oct

Gold is still bullish, and BUYS are still the best bet. There is the potential for an overdue retracement, but I suspect it will be limited. The formation of a +FVG will support higher prices, and we may get that on Monday's close.
Patience....

Check the comments section below for updates regarding this analysis throughout the week.

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May profits be upon you.

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14 oct

Nota

First target achieved!
Swept Friday's high, as expected. Good start to the week.
We did get the formation of a +FVG. Nice! If there is a pullback to it, I am expecting it to hold price and we should get higher prices.
Next target is 2690.00 on the Gold futures chart.

15 oct

Nota

As forecasted, price has pullbacked into the newly formed +FVG.

We can see how the candle reacted well, showing the +FVG respect, and wicking off of it.
Now, we look for a rally for the next couple of days, hitting the fractal highs, and reaching for the Swing High.

15 oct

Nota

Monday's high, the nearest buy side liquidity target, has been swept!

I was hoping for a stronger close to today's candle, though. It will close well within the range of yesterday's candle, indicating price may have a significant pullback before it goes for the higher buy side LQ targets.
We'll see.

16 oct

Nota

Gold has not disappointed!
We have reached the Weekly buy side liquidity targets, as forecasted! Two were swept just today!
Can we reach the Swing High target...? I like our chances.

17 oct

Operación cerrada: objetivo alcanzado

GOLD has finally reached the Swing High target..and made a NEW ALL TIME HIGH!

Congratulations to those that took the swing entry and held it.
Thank you to those that supported the idea from the beginning!
Welcome aboard to all of the new subscribers!
See you all in the next video!

18 oct

Nota