Yesterday price failed to break above 64,679. That level is still the decision point. Until price can reclaim it, the bearish bias stays.
A few things to note right now:
62,694 is acting as a potential support zone, price reacted strongly from here. Do not chase sells at this level. That's a dangerous entry with poor risk/reward.
My current stance: stay out and wait.
Sells only if price reaches 64,198–64,679 and shows a bearish structure there.
Buys only if M15 (or lower) prints a clear bullish structure, a new HH and HL sequence confirmed.
No structure, no trade. The market doesn't owe you a setup today.
A few things to note right now:
62,694 is acting as a potential support zone, price reacted strongly from here. Do not chase sells at this level. That's a dangerous entry with poor risk/reward.
My current stance: stay out and wait.
Sells only if price reaches 64,198–64,679 and shows a bearish structure there.
Buys only if M15 (or lower) prints a clear bullish structure, a new HH and HL sequence confirmed.
No structure, no trade. The market doesn't owe you a setup today.
Daily Gold & Forex Analysis | Building consistent traders, not signal followers
Website: Smartbox.waverhythmlab.com | Discord: discord.gg/Gaz6m8y9Pe
Website: Smartbox.waverhythmlab.com | Discord: discord.gg/Gaz6m8y9Pe
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Daily Gold & Forex Analysis | Building consistent traders, not signal followers
Website: Smartbox.waverhythmlab.com | Discord: discord.gg/Gaz6m8y9Pe
Website: Smartbox.waverhythmlab.com | Discord: discord.gg/Gaz6m8y9Pe
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.