XAUUSD - long


weekly looks good.
origin - if price holds this POC at the open tomorrow on vol or delta, I'd look to go long. looks like the pullback is complete. price could dump further so I respecting the POC is a must.
we had lower volume this week than the previous week. this usually happens towards the end of a previous move. this gives additional confluence to the long idea. if this doesn't work this week and we chop around on low volume this week, then highly likely move on XAU will be to the long side during second week of December.

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I seem to have uploaded the XAGUSD comment on XAUUSD too. XAUUSD idea details in the next note.
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XAUUSD - long
weekly looks good.
origin - I'd look for price to VA / POC and then look for buyers to step in. we had lower volume on XAUUSD this week as compared to last week so it might take a couple of weeks for price to stablize but the mood still remains bullish. ideally i'd like price to pull all the way to POC and then look to go long from there. if not i.e. if I get an entry after just a tag and hold of VA, i'd look to manage that trade more aggressively.
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price has pulled back to VA. now I will start to look for buyers to step in. if I get a valid impulse candle, I'd look to go long. ideally i'd like a pull all the way to POC below.
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price tagged POC. let's wait for buyers to step in.
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price pulled back to POC and is now holding above it. I'll go long if this 4H candle closes on volume in favor of buyers.
Chart PatternsHarmonic PatternsTrend Analysis

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