Gold moving exactly as we said it would on the first analysis. Price has come down to the last major low of $1,813 leaving behind a double bottom & now pushing back up, leaving a liquidity trap behind. 2 possible scenario's on how Gold will move from here👇🏽
1. Break back above the minor grey zone & consolidate, accumulating more selling momentum.
2. Retest the grey zone (order block) before dropping back down.
1. Break back above the minor grey zone & consolidate, accumulating more selling momentum.
2. Retest the grey zone (order block) before dropping back down.
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TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
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.