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[Daily Bias] Gold - Mon 09092024 - Selling day
Gold Futures
[Daily Bias] Gold - Mon 09092024 - Selling day
By zneo99
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Sep 9
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Sep 9
After a significant drop on Nonfarm Friday, I'm looking for selling opportunities today. There are two potential scenarios:
If the price rallies up to the previous Value Area Low (VAL), I will look for a selling opportunity once it starts to drop again.
If the price cannot be rejected at the previous VAL, I will consider selling at the latest Developing Volume Point of Control (DVPOC)
Sep 9
Comment
Entries when price drop to POI
1. Sweep liquidity & jump back to the VA
2. Hold above the DPOC
3. Retest flip zone
Sep 9
Comment
Entry at flip zone with confirmation of volume after price break the VA
dailybias
Gann
Trend Analysis
VSA
wyckoff
zneo99
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