ghosttrees

Gold has been running for a long time and is due for a correction. Quasimodo pattern formation of order flow indicates that some consolidation or correction may be in order. Of course, this is gold and it has a long bias overall. Shorting is extremely risky. There is no clear bias here but if you're selling, sell from the bearish order block and if you are bullish buy from the extreme (bullish) order block. Right now we are in no-man's land.Notice that the bullish order block has not been tapped into. We have an awkward low just above it that is going to get run if this bearish order block holds.

Trump is going to wreck havoc on the US economy which is why many are hedging against USD with crypto. Inflation, shortages and recession are coming in a few years.For awhile, Biden policy will prop up USD but once Trump policy kicks in and effects the government, expect food shortages from deportations, recession from tariffs and draconian policy and more wars with Putin unchecked. Chaos is coming in about year 2 into Trump presidency. Until then I expect positive Biden policies to continue to strengthen US dollar while smart hedgers long crypto the hedge against the chaos that is coming. When not if.Layering into second position. My first buys were at demand. If this drops further I will buy one more fractional position at true demand.This is moving up aggressively now. If you aren't already in I would not suggest getting in now unless we pull back significantly."Ignored Demand" is now officially in demand. We'll see how it goes. Right now it seems like people see short term strength in the US dollar. I do not see this as as a likely outcome and stand by my anaylsis.

Disclaimer: This is not financial advice. Trade at your own risk. META gapped down overnight creating a large volume imbalance in price. Without delving into fundamentals, META looks like it will soon be at demand. Seeking price at a discount comes with the risk of buying before bottoming out. It also seems like a lot of traders are fearful right now about META . Looks like a lot of potential for accumulation over the next weeks/months by larger players looking for discounted price. This could mean a lot of chop and potential to fill the gap (reaching even lower) as well as returning to the highs of the volume imbalance.As we can see the recovery seems to have begun as a rally base rally. It's not clear if $414.00 will get tested again before going higher.Price continues to fill the gap and now we expect large institutional orders to create a choppy range possibly tagging lower before resuming the bullish trend.Seems that we will be reaching old highs as soon as possible. META is gapping up towards those highs.Expect it to continue higher but this idea is now complete