Right now price is pretty much moving nowhere without making any certain moves.
That's why we're currently looking for short term opportunities.
In conditions like this it's better to stay away or to risk less, because direction could change real quick.
So here on GOLD, we're expecting to see reaction of of the support and price heading to 1826.
This will be a decent opportunity right now.
This setup won't be valid if we see a breakout of the 1775 level.
If you wait for a strong bullish candle, you will have even more confirmation.
That's why we're currently looking for short term opportunities.
In conditions like this it's better to stay away or to risk less, because direction could change real quick.
So here on GOLD, we're expecting to see reaction of of the support and price heading to 1826.
This will be a decent opportunity right now.
This setup won't be valid if we see a breakout of the 1775 level.
If you wait for a strong bullish candle, you will have even more confirmation.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.