GOLD BEARISH IDEA
Today friday JPOW speaks at jackson Hallsymposium at wyoming at 10:00 ASia/Taipei
Im expecting price can goes to 1920 to be filled the 1h Gap.
But im not expecting downfall, but if the price goes down after the Gap..
Im expecting a Buy zone at the rally zone on 1910-1908 zone.
This idea base on Weekly,
The higher bias still bearish.
This moves makes us Wonder Gold still Bullish?
No im not, US FED still not want you to believe they would stop Hiking rates.
This context are for Higher for longer narrative on FEDS.
Im expecting also next FOMC SEPTEmber , We could see a Rates again until there is something to be break ..
Goodluck and Happy trading.
Risky buy at 1910 zone. we might fall hard 1905. for risky traders bet your stoploss at 1900.
Target for me is 1946 Buyside liquidity at 1h timeframe. CIAO
Trade at your own risk, this is not a Signal, all numbers are reference only.
Im expecting price can goes to 1920 to be filled the 1h Gap.
But im not expecting downfall, but if the price goes down after the Gap..
Im expecting a Buy zone at the rally zone on 1910-1908 zone.
This idea base on Weekly,
The higher bias still bearish.
This moves makes us Wonder Gold still Bullish?
No im not, US FED still not want you to believe they would stop Hiking rates.
This context are for Higher for longer narrative on FEDS.
Im expecting also next FOMC SEPTEmber , We could see a Rates again until there is something to be break ..
Goodluck and Happy trading.
Risky buy at 1910 zone. we might fall hard 1905. for risky traders bet your stoploss at 1900.
Target for me is 1946 Buyside liquidity at 1h timeframe. CIAO
Trade at your own risk, this is not a Signal, all numbers are reference only.
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