FX XAUUSD Weekly Recap | 14th -18th November 2022
Hi there guys!
I use smart money concepts to analyse price action and identify key important areas to execute positions.
GOLD
- Last week has largely been consolidatory on GOLD.
- However, towards the end of the week, we could see a change in market structure and a shift in momentum to the downside.
- I have utilized the concept of liquidity, structure and D & S zones in my analysis.
Outlook
- I am anticipating for GOLD to continue its bearish leg in the following week.
- Will be looking out for exhaustion candles and keep an eye on the potential slowing down of bearish movement.
Keywords
- BOS: Break of structure
I use smart money concepts to analyse price action and identify key important areas to execute positions.
GOLD
- Last week has largely been consolidatory on GOLD.
- However, towards the end of the week, we could see a change in market structure and a shift in momentum to the downside.
- I have utilized the concept of liquidity, structure and D & S zones in my analysis.
Outlook
- I am anticipating for GOLD to continue its bearish leg in the following week.
- Will be looking out for exhaustion candles and keep an eye on the potential slowing down of bearish movement.
Keywords
- BOS: Break of structure
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.