Gold has seen its rally since the war started In europe. Currently the market is giving some correction price action.
Starting with the weekly timeframe we can clearly see the market changing structure by breaking previous weekly low. Now we are seeing the market mitigating supply so as to continue sells to monthly demand levels.
Waiting for the 45min timeframe for confirmation price action so I can set entries on lower timeframes.
I wish us a successful trading week. Patience is key!!
Starting with the weekly timeframe we can clearly see the market changing structure by breaking previous weekly low. Now we are seeing the market mitigating supply so as to continue sells to monthly demand levels.
Waiting for the 45min timeframe for confirmation price action so I can set entries on lower timeframes.
I wish us a successful trading week. Patience is key!!
