Previous week we saw Gold tapping into the D1 Discount Order Block within the dealing range high to low and experienced some measure of bullishness intraday.
This coming week:
1) I'm expecting to see Gold trade higher to fill in that Sell side imbalance buyside inefficiency(SIBI) before continuing its downward movement as we previously established in our previous idea that Gold will likely remain bearish this 2023.
2) IM expecting Gold to rally up and clear buyside liquidity resting above that trendline on all those relatively equal highs, tap into the D1 bearish order block then rally down for the next coming months
Good LUCK and HAPPY TRADING.
This coming week:
1) I'm expecting to see Gold trade higher to fill in that Sell side imbalance buyside inefficiency(SIBI) before continuing its downward movement as we previously established in our previous idea that Gold will likely remain bearish this 2023.
2) IM expecting Gold to rally up and clear buyside liquidity resting above that trendline on all those relatively equal highs, tap into the D1 bearish order block then rally down for the next coming months
Good LUCK and HAPPY TRADING.