BULLISH RELIEF RALLY FOR GOLD INCOMING.
Good Day foxes.....
As we all know that GOLD against the Dollar have been really weak almost on all major time frame and i dont see it changing soon but "bear'' in mind that as it is Gold is really oversold and a relief rally is brewing....
OBSERVATIONS ARE :
-On mini time frames there are clear bullish movements and institutional involvement.
-Shorts from last week was taken out.
-The 1HR bullish breaker block is a trap to both LONGS & SHORTS.
MY INVOLVEMENT
-If price should invalidate the 1HR breaker block i will be a buyer at the 2HRS Demand zone.
-If price should respect the break block demand on the 1HR TF i'll from my nearest supply zone to anticipate the buy on demand zone.
GL
LIKE,SHARE & FOLLOW.
#REDFOXXX
As we all know that GOLD against the Dollar have been really weak almost on all major time frame and i dont see it changing soon but "bear'' in mind that as it is Gold is really oversold and a relief rally is brewing....
OBSERVATIONS ARE :
-On mini time frames there are clear bullish movements and institutional involvement.
-Shorts from last week was taken out.
-The 1HR bullish breaker block is a trap to both LONGS & SHORTS.
MY INVOLVEMENT
-If price should invalidate the 1HR breaker block i will be a buyer at the 2HRS Demand zone.
-If price should respect the break block demand on the 1HR TF i'll from my nearest supply zone to anticipate the buy on demand zone.
GL
LIKE,SHARE & FOLLOW.
#REDFOXXX
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