🟡 GOLD – Two Key Scenarios on the Table
Bias: Neutral → Waiting for confirmation of Wave 2 completion
🔑 Technical Breakdown
Scenario 1 (Discount Retracement):
Price pulls back into discount territory.
Confluence with a strong support level.
This would complete Wave 2 correction before setting up the Wave 3 impulse higher.
Ideal long opportunity if buyers defend this zone.
Scenario 2 (Liquidity Grab First):
Current impulse leg continues higher tonight.
Price then retraces deeper to clear buy-side liquidity created from Friday’s rally.
That liquidity sweep would then finish Wave 2, before the bigger Wave 3 expansion higher.
Bias: Neutral → Waiting for confirmation of Wave 2 completion
🔑 Technical Breakdown
Scenario 1 (Discount Retracement):
Price pulls back into discount territory.
Confluence with a strong support level.
This would complete Wave 2 correction before setting up the Wave 3 impulse higher.
Ideal long opportunity if buyers defend this zone.
Scenario 2 (Liquidity Grab First):
Current impulse leg continues higher tonight.
Price then retraces deeper to clear buy-side liquidity created from Friday’s rally.
That liquidity sweep would then finish Wave 2, before the bigger Wave 3 expansion higher.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.