OwnBoss619

Looking at BTCUSD at the POI to see any shift in market structure for a short.

Gold has been bearish weeks ago. I think my setup is self explanatory. I expecting gold to push further down to the next fresh support zone

WEEKLY, GOLD is in a consolidation declining after a third touch of resistance. Daily Gold broke out of the descending channel to the upside. After breakout a retest is next. Price is currently in a bearish to the breakout area for the retest. WAIT FOR CONFIRMATION.

Gold broke the resistance which will now act as a support for the price. Note: Anytime there's a crisis /war people normally invest more in gold. Israel war is still ongoing. Let's wait for a retest, after a clear confirmation we buy. The market can do anything therefore if the retest fails we will look for another opportunity. No confirmation no entry ⛔⛔ Good luck guys👌

XAUUSD 1D TF, normally when there's a big conflict or any major crisis gold buys but we don't know this time how things are going to be depending on the Israel and Palestine cases. Price is currently facing a rejection at a major resistance zone. Expecting a retracement to the new support and is likel to make another push to give us another touch at the last resistance (to give a fourth touch). If the market retraces and breaks below support with bearish pressure, then we will wait for confirmation to go short. ✅No confirmation, No entry. 🚫 The market can do anything, manage risk and stay safe.

Expecting gold to hit $2000 if the conflicts of Palestine continues. Waiting for a third touch of trend. Secondly, the selling pressure is less strong. Lets see how it will play out. no confirmation, no entry. 80% waiting.

This is the 4hr TF. The strong bullish candle signals buying pressure. A correction is about to be made therefore waiting for a break and close of a candle out the consolidaton zone then enter a buy to the next resistance.