Gold Neutral idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are now bearish. We’re pretty much ready for a short entry, we just need to see a strong reversal from 1785.00 resistance.
Look to target lower toward 1740.00 support.
Trade scenario 2: For us to consider Gold bullish we would need a higher low above 1800 but even then we are back within the range of 1825 & 1800.
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are now bearish. We’re pretty much ready for a short entry, we just need to see a strong reversal from 1785.00 resistance.
Look to target lower toward 1740.00 support.
Trade scenario 2: For us to consider Gold bullish we would need a higher low above 1800 but even then we are back within the range of 1825 & 1800.
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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.