GOLD UPDATE
AT FIRST Glance actually THOUGHT that the price was going up again BEFORE TODAY HAPPENED, with watching the Highs and Lows. But with that to confirm, GOLD needed to break and close below 1655 on any higher TF, mostly on 4 Hour TF. This market has become a market ready to bounce again, at least for now. Now, we need to wait for the wick at support and confirmation candle to get into this pair more to head to 1795 - 1800 TP.
AT FIRST Glance actually THOUGHT that the price was going up again BEFORE TODAY HAPPENED, with watching the Highs and Lows. But with that to confirm, GOLD needed to break and close below 1655 on any higher TF, mostly on 4 Hour TF. This market has become a market ready to bounce again, at least for now. Now, we need to wait for the wick at support and confirmation candle to get into this pair more to head to 1795 - 1800 TP.
Note
LONG HOLDS BUT WORTH THE WAIT
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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.