MarcusWillpower
@t_MarcusWillpower
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MarcusWillpower
XAUUSD has broken to the upside after an extended period of consolidation. We expect more bullish momentum to continue. Going forward, we anticipate a reversal into the D1 order block. If the market keeps pushing up without coming back to our D1 order block, we will look to enter on H4 using our CP entry model. If the price breaks through our D1 order block, we will look for long positions at the W1 order block using confirmation.
MarcusWillpower
Gold continues to show a potential bullish nature.Entries can be anticipated to be more favorable at our weekly zone. However, if a shift to buy occurs before reaching that zone, entries will be taken according to the RBR pattern.
MarcusWillpower
G old may react from the Weekly order block (W1 OB) and continue its bullish trend. The price is aggressively bullish, and there is a high chance of continuation of the trend.
MarcusWillpower
Gold has the potential to react from the daily order block (D1 OB) and continue its bullish trend.
MarcusWillpower
Gold has the potential to react from the daily order block (D1 OB) and continue its bullish trend.
MarcusWillpower
Gold has closed above the previous highs on both the weekly and daily charts, signaling a stronger bullish intent. As we advance, we are looking for sequences of RBRs. The bias has completely shifted.
MarcusWillpower
Going forward, we are still exploring opportunities for short positioning in gold. Currently, we are waiting for gold to retrace into our order block (OB) so we can enter some short positions. Once the price reaches the OB, we plan to short the market, targeting the previous lows.
MarcusWillpower
Gold has indicated a bearish trend by breaking the D1 Market Structure to the downside. Moving forward, we are seeking selling opportunities until the market demonstrates otherwise.We anticipate a pullback occurring between Tuesday and Thursday, which will retrace into our bearish order block. This will present an opportunity to short gold and aim for lower lows, with the stop loss set above the recent high to keep it out of reach.
MarcusWillpower
XAUUSD on the daily timeframe has triggered our entry setup with a retest of the daily order block. Buys are currently valid, targeting a 1:3 risk-reward ratio or swings to the 3000 price level.
MarcusWillpower
The potential movement could create long opportunities, depending on price behavior from Monday.
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