XAUUSD As I approach nearly two -year mark of my journey here on TradingView minds , I wanted to share a small update. I’ll be taking a short break to focus on some personal work outside the markets. This isn’t related to my analysis or clarity on the charts that remains the same. It’s simply a pause to handle things that need my High attention right now. I’ll be back soon with the same approach, the same structure, and the same focus you’re used to know me for ... !!
XAUUSD Gold has sell liquidity but not enough to break support to confirm a strong drop confirmation requires the price to break through 4050 for the buying force to manifest strongly 2 scenarios for Gold in the New York session Sell 4126-4128 SL 4135 TP 4110-4098-4070-4010 Sell around 4050 condition is confirmed by m15 candle closing below that area, SL 4058 TP 4033-4010-3980
XAUUSD Gold Analysis US Session with Lucy confirmation already on M15, need strong candle closure for higher accuracy Sell 4072-4074 SL 4080 TP 4055-4030-4012
XAUUSD LiamTrading Update Gold Scenario for the US Session
Gold is consolidating, the best sell entry is to wait for a breakout upwards and then sell at high liquidity around 4098 if gold breaks the bottom, then Sell when the price retests around 4067 Buy at the price zone that reacted yesterday to quickly gain profit
GOLD considering the yields situation around the globe JPY 10y bond hit 1.7+ that is above 2008 financial crisis level we still have a major amount of carry trades running all across globe
No asset class will be spared gold will be less affected but be sure it will be affected this is not the time to buy