Gold Neutral idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We saw a ton of bearish volume last week but we can see price action has stopped within this massive range between 1800 & 1825.
From here it’s very likely price action will range for a while.
Trade scenario 2: If price action is to continue with this large bearish volume look for a lower high below 1800 to enter short on.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We saw a ton of bearish volume last week but we can see price action has stopped within this massive range between 1800 & 1825.
From here it’s very likely price action will range for a while.
Trade scenario 2: If price action is to continue with this large bearish volume look for a lower high below 1800 to enter short on.
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.
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.