Gold Analysis

1월 29일

This is my gold analysis for the week for both a MMBM (Market maker buy model) and a MMSM ( market maker sell model).

For Buys:
1H Fib retracement zone golden level exit (1)
Break of parallel channel on the 4H time frame will signal possible buys (2)
Break of past resistance (3)
3 confluences

For sells:
Break of support at 2013.86 (1)
Break of parallel channel (2)
Exit out of 1H Fib Golden zone (3)
see if we can fully retrace on the 1H Chart
3 confluences

What are your thoughts?