ConsistencyFastlane

DONT RUSH TO BUY GOLD 1860 lvl possible

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
1day timeframe gold already gives CHoCH and then BOS.
So downtrend continue in gold in daily timeframe.
1946 area is a IDM in gold so I am waiting for the reaction in daily timeframe.
Thers two conditions I think
One is if IDM sweep gold comes to 1860
Other conditionis if not sweep IDM there upside an OB if works then we'll otherwise trend be changed to UPTREND.
But here gold shows weakness and sweep IDM and other confirmation is the last sweep candel also sweep by today's candel.
So I confirmed that it should come downward again.
Thers if any oppertunity sees in 15 min I will update for selling ..
Thank you

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.