GOLD: Where is it headed?
I don't trade this script digitally but just hoard spot gold and add more when cheap.
Stars look to be aligning for this one. There have been so many setups of this style on the markets lately,
>run to ATH
>sweep it/tease it
>break the lows which gave us the artificial breakout. (so many equal lows and untapped liquidity in gold charts.
>Enter/bid.
We may or may not get that bounce before running lower. High probability setup if it does not bounce significantly.
And when/if $XAU reaches these levels, I believe that $ES and all risk assets will botttom too, with $DXY pulling back. You need these to align before going in heavy.\
Good luck.
Stars look to be aligning for this one. There have been so many setups of this style on the markets lately,
>run to ATH
>sweep it/tease it
>break the lows which gave us the artificial breakout. (so many equal lows and untapped liquidity in gold charts.
>Enter/bid.
We may or may not get that bounce before running lower. High probability setup if it does not bounce significantly.
And when/if $XAU reaches these levels, I believe that $ES and all risk assets will botttom too, with $DXY pulling back. You need these to align before going in heavy.\
Good luck.
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Hallelujah!