Price has signalled that the bulls have paused selling. A strong breakout above resistance and triangle pattern break, we are watching for entries higher and looking for continued selling on commodities such as GOLD.
- Current price action on lower charts creating buying opportunities
- Watch 15min chart for next signal higher
- Monitor for continued strengh
- Current price action on lower charts creating buying opportunities
- Watch 15min chart for next signal higher
- Monitor for continued strengh
Trade active
No signal was given that price is pushing higher and price collapsed. We adapted our outlook this morning and took longs on Gold earlier today (7am UK TIME).
onto the next setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.