Bullish potential on Gold Spot XAUUSD
Bullish potential on Gold Spot XAUUSD
Looking at Gold could we see a huge rally to 1965 levels if DXY 95.9 region, would be looking for buyside liquidity within the wicks of bearish candles, long term and short term paying particular attention to the 4HR, 1hr, 15Min ,5min and 1min timeframe for finding confluence and gauging entry
Vague fib levels drawn out with horizontal lines marking out key levels of price
Either price breaks into 1960s region or fakes out and drops to 1848 levels before retracing and continuing the pattern
Could also be looking at high volatiltiy situation with a drop in price and significant rally within minutes or hrs
Looking at Gold could we see a huge rally to 1965 levels if DXY 95.9 region, would be looking for buyside liquidity within the wicks of bearish candles, long term and short term paying particular attention to the 4HR, 1hr, 15Min ,5min and 1min timeframe for finding confluence and gauging entry
Vague fib levels drawn out with horizontal lines marking out key levels of price
Either price breaks into 1960s region or fakes out and drops to 1848 levels before retracing and continuing the pattern
Could also be looking at high volatiltiy situation with a drop in price and significant rally within minutes or hrs