A bullish fan of gold forever but you can't tell me you didn't see this correction approaching. A bit of sense/abnormal behaviour would've stated especially with such a sudden increase. Geopolitical shit and news factors play a part but regardless an inevitable outcome. #xauusd
My view on BTC.
Recent displacement down broke bullish structure (early April), indicating a bearish shift.
However, we're seeing a strong pullback rally after forming a swing low around 76k.
Current rally is likely a liquidity grab or return to a premium zone before continuation.
BTC is going to retest 76k if it breaks the 82k range and a break above 88k would be a potential 94k and up
following cpi tomorrow if inflation comes in hot it could spike but then dump aiming for that sell side liquidity. long positions will follow
#BTC
2nd trade for the day bearish bias. Supply zone, BSL and FVG 2890-2895 rejecting this range for a sell, strong wick rejections gave clear conformation for entry. Demand zone 2860-2870 liquidity target and buy zones if price reclaims 2885. News was also with bias. #Xauusdgold
Trade for Thursday 27.02.25 bearish bias. BSL potential area to sell again. Supply zone another entry if it fails to reclaim 2915-2930. FVG 2910-2920 would fill this inefficiency before counting downward. Failed to break so obvious short. Trade taken too early after resistance at 2915 SL hit. Silly mistake. #XAUUSD
Trade for Wednesday 26.02.25 bearish bias. Supply zone 2925-2940 where previously reversed downward, our demand zone at 2890-2910 where profits can be taken and possibly present buy opportunity.
FVG 2925-2930 and failed to reclaim which was where entry taken with conformation at a LTF. #XAUUSD
2nd trade for the day.High risk this one
Imbalance at 2925-35 where entry was taken. Liquidity swept at 2920, price had to stay above the demand zone 2925 for bullish movement. Tp taken at 2940 since 1hour looked very bearish. #XAUUSD
Trade for Tuesday 25.02.25. Overall trend bullish but breakdown from the highs suggested a reversal (Bearish bias),price swept Liquidity pool above 2950 sign of reversal. Supply zone 2950 - 2955 price retraced to this area which indicated my short. FVG 2935 - 2940 where price wants to fill and where my profits are taken.#XAUUSD
Trade for Monday 24.02.25.
Bullish bias. Cleared liquidity below 2915
Buy side liquidity resting above 2950 -2960 there was an imbalance between 2925 -2435 which was my FVG assuming where price my retraces to. Price needed to hold 2920 or else it would have been bearish. OB zone 2920 -2930 where price
reacted before the recent push. Entry was in the OB with bullish confirmation at a lower time frame.#XAUUSD