End of the Bear run

2 oct 2023

Here we are, everyone is shorting GOLD ( XAUUSD ). In fact, that was a really nice move to the down side with to gold since 04 May 23. Of course we are currently in the last fresh demand zone and also in the zone of my personnal pattern. We will have a lucky 9:1 R:R for the medium term. Once the liquidity will be taken out, more opportunity will appear on the lower time frame for intrader scalp.

Enjoy the ride