Gold showed a **double purge** signal, which could indicate a **bearish correction** move. This correction aims to seek liquidity in a discounted region, allowing the continuation of the **bullish** movement afterward. It's important to note that the correction can be seen as an opportunity for accumulation before the trend resumes upward, with the market looking...
Given the current scenario, we maintain a bias toward the continuation of the DXY's decline, as it exhibits MMSM characteristics. Additionally, bonds have invalidated a bearish FVG on the daily timeframe after holding at a bullish PDA in discount. However, caution is essential, as we cannot ignore President Trump's statements, which are shaking the market and...
Today, my analysis of EUR/USD points to a potential bearish movement, based on the following points: First, the correction on the 1-hour chart suggests that the pair is seeking liquidity outside the daily range. The daily IRL region coincides with a 4-hour OB (Order Block) and a swing high, which could create an order cluster. The expectation is that the price...
When analyzing BTC, we identified that the monthly candle closed with a probable bullish swing. On the weekly chart, we observed the presence of an SMT in relation to ETH, which may indicate a possible correction towards the discounted region of the weekly range, targeting sell-side liquidity.
In the weekly chart of gold, we can observe the formation of a breakaway gap, indicating that the price is likely to continue its bullish movement. However, it is necessary to confirm this analysis on a smaller timeframe, such as the daily.
In the 4H timeframe, we can clearly see the MMSM holding. We moved from the buying side of the curve to the selling side, where we can identify liquidity purges and the continuation of the movement.
Reinforcing our weekly view, the daily chart showed the formation of an SMT relative to the DXY within the weekly key level, which strengthens the signs of a bearish move seeking low-resistance liquidity at the bottoms.
The price respected the Mean Threshold of the weekly Order Block, forming a swing at a key level. We anticipate the third candle distribution and expect next week to be a classic sell week.
My idea for XAU/USD in the next killzone. I have an idea that the price is seeking liquidity in the discounted region.
As anticipated in our weekly analysis, the price is moving as expected. We executed our first trade of the week, achieving a 5% gain.