[Daily Bias] Gold - Wed 08212024 - Ranging Between HVAs

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There’s a strong chance that today’s price will remain within the range of two key high-volume areas

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ملاحظة

Good VSA setup at Flip zone: high vol sweep liquidity & strong imbalance reversal

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ملاحظة

Several entries align with the trend after the price fails to sustain above the day's open. This effort without a result turns the area into a potential flip zone. First entry after price comeback to the flip zone area with a fake big candle but low in vol.

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ملاحظة

Plan for the NY session: Be cautious with trading reversals. Ensure there's a clear stop signal before considering a buy entry