EvarnickChaula

GOLD MOVEMENT NEXT WEEK

Short
CITYINDEX:XAUUSD   Gold Spot / U.S. Dollar
what can i say here , ? 1 wait there are haven candles here in 30 mins time frae , resuts of NFP newseports , showed the big bearish strength in dollar , due to maive gain in strenth on US dollar index ....BUT wait the market to retrace to the QML as i have shown above with red tex , yellow zone , here the market will find equillibrium , simillary grabbing the existing liquidity .... this is the priciple of the market ... afterthere go short as a crayz ......🩷 ALLOW THE MARET TO RUN FIR A LONG TIME , LET THE PROFIT RUN FOR A LONG TIME

Evarnick14: basing on workd data reports

technical view and price action view ...
Evarnick14: what can i say here , ? 1 wait there are haven candles here in 30 mins time frae , resuts of NFP newseports , showed the big bearish strength in dollar , due to maive gain in strenth on US dollar index ....BUT wait the market to retrace to the QML as i have shown above with red tex , yellow zone , here the market will find equillibrium , simillary grabbing the existing liquidity .... this is the priciple of the market ... afterthere go short as a crayz ......🩷 ALLOW THE MARET TO RUN FIR A LONG TIME , LET THE PROFIT RUN FOR A LONG TIME


Evarnick14: comming to daily time frame view , here i wil explain the BREAK OUT AND RETEST SCENARI .. consider support 1 and support 2 ( sp 1 to sp 2 ) ..current the mareket has attained themaximum retest on the support 2 .. where we experiencea short mvt , aso upon fib resistance on 0.61 .... upon a zoom to x4 , observe a bearish egul. patten but the principl of an engul there must be ashrt retest which is the QML at 30 mins time frame
Evarnick14: upon SMC there is a choh in D TF on the support one level , and failed market structure ...

this is how the price ACTION will oe ....

HOW EVER xauusd is still i a big long move take care of your trading conditions ...GOODLUCK


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