Continuing on from last weeks breakdown.
XAUUSD
We seen gold push above its previous swing high, created on the 6th of March.
Now that we've shifted above this and left clear imbalance, I'm looking for a corrective move either to come prior to a shift higher or after a shift higher...
As you can see by your arrows, I'm looking for either a push higher at market open for then a corrective down move to come... Or for a down move to come with then a corrective upward shift after.
We have a clear breaker block and supply sitting below our current price area so il be watching for our first move to either our demand or supply from market open!
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
If you like this idea, drop us a boost and a comment down below.
We hope you all have a profitable and successful trading week.
XAUUSD
We seen gold push above its previous swing high, created on the 6th of March.
Now that we've shifted above this and left clear imbalance, I'm looking for a corrective move either to come prior to a shift higher or after a shift higher...
As you can see by your arrows, I'm looking for either a push higher at market open for then a corrective down move to come... Or for a down move to come with then a corrective upward shift after.
We have a clear breaker block and supply sitting below our current price area so il be watching for our first move to either our demand or supply from market open!
Make sure that you always use your confirmations to get into a trade and always be flexible with your analysis. Remember, sticking to your trading plan and consistently entering the same setups will bring you profitability.
If you like this idea, drop us a boost and a comment down below.
We hope you all have a profitable and successful trading week.
