WEEKLY FOREX FORECAST OCT. 14 - 18th: GOLD | XAUUSD

מעודכן
Gold is still bullish, and BUYS are still the best bet. There is the potential for an overdue retracement, but I suspect it will be limited. The formation of a +FVG will support higher prices, and we may get that on Monday's close.
Patience....

Check the comments section below for updates regarding this analysis throughout the week.

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הערה
First target achieved! תמונת-בזק
Swept Friday's high, as expected. Good start to the week.
We did get the formation of a +FVG. Nice! If there is a pullback to it, I am expecting it to hold price and we should get higher prices.
Next target is 2690.00 on the Gold futures chart.
הערה
As forecasted, price has pullbacked into the newly formed +FVG.
תמונת-בזק
We can see how the candle reacted well, showing the +FVG respect, and wicking off of it.
Now, we look for a rally for the next couple of days, hitting the fractal highs, and reaching for the Swing High.
הערה
Monday's high, the nearest buy side liquidity target, has been swept!
תמונת-בזק
I was hoping for a stronger close to today's candle, though. It will close well within the range of yesterday's candle, indicating price may have a significant pullback before it goes for the higher buy side LQ targets.
We'll see.
הערה
Gold has not disappointed! תמונת-בזק
We have reached the Weekly buy side liquidity targets, as forecasted! Two were swept just today!
Can we reach the Swing High target...? I like our chances.
עסקה סגורה: היעד הושג
GOLD has finally reached the Swing High target..and made a NEW ALL TIME HIGH!
תמונת-בזק
Congratulations to those that took the swing entry and held it.
Thank you to those that supported the idea from the beginning!
Welcome aboard to all of the new subscribers!
See you all in the next video!
הערה
תמונת-בזק
GC1! (Gold Futures)goldfuturesgoldlongsetupictconceptsSupply and DemandSupport and ResistanceTrend AnalysisweeklyforecastXAUUSDxauusdanalysis

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