Technical Overview: - Gold
$2000 Price target 🎯
Gold had been impulsing to the upside causing many cluster behind. We can see from a 4h perspective we had a retail small mini trend that many people had bought in/sold in
This alone made this so called “trend line” a liquidity line
Meaning there is a lot of sell and buy order accumulated within this pattern.
Last Friday, Jan 8, 2021
This was a NFP day.
While we were waiting for price to target out buy zone, it had completely disregarded our zone and gave no sort of confrontation to enter the market, this happened on a Friday combined with NFP we had a perfect recipe for volatility thus a lot of slippage.
We also know that High impact news squeezes price into areas where technicals can’t and this is the juice of the market every month. Let’s take a shot with a market and cheers to more dips🥂
Fundamental Overview: - DXY is gaining bullish momentum because of recent high impact NFP news and unemployment change rate.
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👾
$2000 Price target 🎯
Gold had been impulsing to the upside causing many cluster behind. We can see from a 4h perspective we had a retail small mini trend that many people had bought in/sold in
This alone made this so called “trend line” a liquidity line
Meaning there is a lot of sell and buy order accumulated within this pattern.
Last Friday, Jan 8, 2021
This was a NFP day.
While we were waiting for price to target out buy zone, it had completely disregarded our zone and gave no sort of confrontation to enter the market, this happened on a Friday combined with NFP we had a perfect recipe for volatility thus a lot of slippage.
We also know that High impact news squeezes price into areas where technicals can’t and this is the juice of the market every month. Let’s take a shot with a market and cheers to more dips🥂
Fundamental Overview: - DXY is gaining bullish momentum because of recent high impact NFP news and unemployment change rate.
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👾
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