Gold FuturesLong
WEEKLY FOREX FORECAST SEPT 7-11th: GOLD | XAUUSD
Updated
GOLD | XAUUSD is in consolidation currently. I am waiting for it to touch down at the Weekly +FVG and move higher. I'm interested more in long setups versus shorts. Patience usually pays, so I wait and watch for valid setups to form this week.
Check the comments section below for updates regarding this analysis throughout the week.
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May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Trade closed: target reached
GOLD: Reached the sell side liquidity at the previous weekly low, as forecasted!
Price has pulled back (finally) to the Weekly and the nested Daily +FVG. It is in good position to move to higher prices. From Internal Range LQ to External Range LQ.
The next target is the buy side LQ at 2,690.
Note
Finally! Goldie has reacted to the Weekly and nested Daily +FVG, sweeping the Wed low and trading through the high. This is the kind of bullish engulfer I have high confidence in!
Now, I need to see the -FVG that price has traded into... be disrespected. A candle body close above the -FVG will add to my confidence that prices will move higher to the buy side liquidity target.
Note
WATCH GOLD!
Here we go...!
Note
GOLD is delivering!
The Daily -FVG was fully disrespected, formed a +FVG, and pushed higher as expected.
The pullback to the +FVG was short by 2 points, but it was enough to send price up.
Review my original forecast in the "Related Publications" below, and you will see we saw this move coming 2 weeks ago.
Related publications
Disclaimer
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