Gold is ready to run to the 2400 levels and higher

After reaching All all-time highs, the price has been consolidating for some time. Until the price touched the order block and had quite a nice reaction. SMT confirmation is a plus. The price is supported by the FVG and another break of the structure. Now we are at mitigation block and D1 FVG which I think could hold the price support the price for the next up move to the 2400 levels and even higher, but 2400 is where I would cash out the profits.

COT data looks still bearish.
Although wee seen decent profit taking its overall bullish

Always follow these rules

- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low

“Adapt what is useful, reject what is useless, and add what is specifically your own.”

Dave FX Hunter ⚔

Kommentera:

* Correction COT data looks bullish

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Nice Nice Nice !!!