The buy momentum on Gold is keep going on; I believe, we'll $3790 level before the upcoming Asian session! If the current hourly candle can close above $3776, it could be a good scalping opportunity!
Although, the Daily buy volume is little bit low if I compare with Monday Volume!
Joined Aug 2023
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Status: Telegram@Forexanalizer
|182 Posts
The market is a place of possibilities. It is possible for the best analysis to be violated and the market to move in the opposite direction. In any case, capital management is necessary.
The US Dollar index is picking up, but golds going up?
Ignored
Not for long
Attached Image (click to enlarge)
M30 Upward structure still intact. while we are already at wave 3 extention.
Untill we dont get a swing failure or structure shift,
Probability will not tilted to correction for wave 4 (~3620, structure QM).
So 3871 is more likely.
I mentionned we dont need to be in every swing to make consistent profit.
Sometimes when we wait for something to change, the amount of money we make is life changing per trade