this is the similar price action we saw on gbp-usd on the hourly time frame which clearly shows 2bos signaling the daily pullback ,also an established bearish trend and again aligns with the daily int analysis so when the week opens on gold and GU ill be looking for shorts
at the moment daily is bullish aligning perfectly with the weekly and has mitigated again an indecisional that took out the daily high which again leaves the extreme unmitigated, further more even though the daily int structure looks ranging , above in red ive discovered a level that it has been failing to break and with the bearish power of the above zone it gave...
weekly looks bullish and has currently mitigated the indecisional low that took out the previous high but below still lies the unmitigated extreme poi that price might wana tap into to close off the FVG/IMB/IPA Sitting above it
We are looking into an hourly pullback to the demands below. My analysis show that our medium time frame has been established bearish provided the 2 BOS to the downside , im expecting price to reject on the obove supply zone and aggressively move to the downside breaking structures.
gold has shown bearish momentum, and the medium time frame seems to have confirmed bearish, so my view is we going to the hourly demand zones then from there we can look for bullish overall setups for long term.
HERE I SEE IT GOING FOR THE 3RD TOUCH THEN GO FOR A LONG POSITION NEAR THE DOUBLE TOP THEN BREAK A BIT TO COMPLETE THE INNER STRUCTURE AND GET THE PEOPLE TO BE CAUGHT ON THE WRONG SIDE OF THE MARKET THEN WE WILL BE LOOKING FOR SELLING OPPORTUNITIES
