Gold was bearish past week and today after the release of the US CB Consumer confidence data.
However, gold found support at the institutional bullish order block it traded through on CPI and continued its rally up.
EXPECTATIONS:
Im expecting gold to continue its rally up with the upward objective of filling in the indicated H4 sellside imbalance buyside inefficiency and possibly tap into the D1 bearish Order block after which we should start experiencing bearishness.
Good luck and good trading
However, gold found support at the institutional bullish order block it traded through on CPI and continued its rally up.
EXPECTATIONS:
Im expecting gold to continue its rally up with the upward objective of filling in the indicated H4 sellside imbalance buyside inefficiency and possibly tap into the D1 bearish Order block after which we should start experiencing bearishness.
Good luck and good trading