Potential short term reversal on Gold. 1920 Short opportunity

2023年6月29日

Gold has been in a downtrend ever since hitting ATH. We are currently in a discount area and I could see Gold reversing from here to sweep buyside liquidity with Low Resistance Liquidity Run resting above us. 1920 is a good high probability area to enter a short position IMO

2023年6月30日

註釋

As mentioned yesterday, Gold was ready to bounce off a HTF discount area as well as sweep buyside liquidity.

2023年7月3日

註釋

So far it's playing out how expected last week. Gold swept Buyside Liquidity, we ould see a small retracement targeting imbalance created during Asia and London Session before seeing lower prices. Preferably I'd like to see Gold sweeping previouys weeks low and have another leg down before we could have a change in market structure.