Technical Overview: - GOLD $2000 TARGET🎈
Check out our previous posted analysis about XAU/USD below
Last week we anticipated gold to sell off into our point of interest.
Following our analysis, we entered a position at 1786 and closed position at 1810
Price was in a deep discount from a HTF perspective, and we know that our HTF analysis is bullish
if we were to buy when price is high it would be irresponsible simply because we are in premium pricing.
Many traders had seen this opportunity as a sell, we stayed on the sidelines watching our anticipated sell off happen.
It's not a boxing match, many traders hold believe that they are in control unfortunately not, the devil drops price lower so banks can buy at cheap prices.
Seeing the Risk to reward ratio from a bearish perspective is very small comparing to our bullish sentiment.
From a smaller time frame price can sweep previous week lows before continuing to the upside.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Check out our previous posted analysis about XAU/USD below
Following our analysis, we entered a position at 1786 and closed position at 1810
Price was in a deep discount from a HTF perspective, and we know that our HTF analysis is bullish
if we were to buy when price is high it would be irresponsible simply because we are in premium pricing.
Many traders had seen this opportunity as a sell, we stayed on the sidelines watching our anticipated sell off happen.
It's not a boxing match, many traders hold believe that they are in control unfortunately not, the devil drops price lower so banks can buy at cheap prices.
Seeing the Risk to reward ratio from a bearish perspective is very small comparing to our bullish sentiment.
From a smaller time frame price can sweep previous week lows before continuing to the upside.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
