My previous post talked about, posting another long setup on $XAU . After price making impulsive moves, it created gaps and Fair Value gaps which I am expecting price to come and fill before pushing to the upside. There is also an overlapping Inverse Fair Value Gap adding up us another confluence to go to the upside. Expecting gold to get to $5K this week. #BuyTheDip #XAUUSD🚀
Update on $XAU longs🎉 Take a look at my previous post yesterday, where I shared a long setup for $XAU. Price is almost at final TP (1:3). There could be a possible retracement into the gap created and continue printing to the upside. We could be going back to $5K. Will be posting a trade idea soon. Follow, like and share for ideas. #XAUUSD❤️ #buylong
Last week, Thursday's candle mitigated and rejected the Daily Fair Value Gap. Price broke through Bearish Fair Value Gap on the 1-hour time frame and has inversed it. This also happens to be in the Discount zone serving as an extra confluence for $XAU to buy. $XAU
Price inversed the Monthly Bearish Fair Value Gap and made some retracements and is trying to make a bullish expansion. I expect price to clear the ERL above and possible retracement into the Monthly Bearish Fair Value Gap above. With the Dollar index citing this, I expect $USDC to be bullish.
We often refuse to acknowledge the dual reality of trading: every decision carries the potential for total success or total failure. We see the '100x' moonshots and invest our savings expecting an overnight fortune, convinced our analysis and indicators make us invincible. But the market doesn't care about your data. Ask yourself: if this trade fails, are you prepared to lose everything and walk away from the market entirely? We can turn a blind eye to risk, but we cannot ignore the consequences. In this game, survival is the only metric that matters. The market will always be there, the question is, will your capital? $BTC $XAU $ETH
This week, I am bullish for GOLD. Price may drop to the FVG below or continue to push higher from the Inverse Fair Value Gap it is currently present at. $XAU
Last week price rejected of an Order Block on the Weekly timeframe. I am expecting price to climb this week to $80K to 85K and react off the Weekly Fair Value Gap above to get back to around $65K to 60K.$BTC