- Gold strength in synch with Dollar-weakness
- 2022 distribution-pattern seems completed
- M (double top) follwed by 3 impulses lower done
- Q4-22 started with W-pattern follwed by first impulse up
- Rotation higher is in line with seasonal expectations (strength in NOV/DEC/JAN/FEB)
- COT: Institutions are accumulating longs while distributiing shorts, this is double bullish
- COT: Buy-side liquidity resting above 1880
- Weekly (fresh) supply-zone at 1943, direct below it is a Daily imbalance
- 2022 distribution-pattern seems completed
- M (double top) follwed by 3 impulses lower done
- Q4-22 started with W-pattern follwed by first impulse up
- Rotation higher is in line with seasonal expectations (strength in NOV/DEC/JAN/FEB)
- COT: Institutions are accumulating longs while distributiing shorts, this is double bullish
- COT: Buy-side liquidity resting above 1880
- Weekly (fresh) supply-zone at 1943, direct below it is a Daily imbalance
أغلقت الصفقة: تم الوصول للهدف:
1880 hit
أغلقت الصفقة: تم الوصول للهدف:
- GOLD hit weekly supply-zone and dropped like a ton of bricks.
- Dollar retrace after FOMC was the driver.
- Let Dollar meet upside targets before considering next upside for GOLD.
- Dollar retrace after FOMC was the driver.
- Let Dollar meet upside targets before considering next upside for GOLD.
Sultan of Swing
