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Technical analysis by Anonymous_Analyst about Symbol PAXG on 6/20/2024

https://sahmeto.com/message/3330754

XAUUSD 1H - Consolidations Trading Setups - C.I.R.C. Method

Neutral
Price at Publish Time:
$2,326.68
،Technical،Anonymous_Analyst

The chart above showcases various consolidations and their formation dynamics. Consolidation, Initiation, Retracement, Continuation (CIRC) Consolidations What are “consolidations”? Consolidations, often labeled as “ranges” in mainstream trading, hold a deeper meaning at T.T.T. Here, consolidations are the playgrounds of the BFI, zones where prices oscillate between highs and lows, as illustrated below. Within these confines, intentions simmer as BFI stack orders to propel future price movements. We confidently trade consolidations, fully aware of the intricate dynamics unfolding within the market’s underbelly.

Source Message: TradingView
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