1st of June
11th of June
16th of June
Those are the days on which Gold formed highs inside of the current downtrend.
There's a few more days left of the second quarter. And that's when we could usually expect reversals!
Right now Gold is trading inside of the zone of 1763-1794.
While it's inside of this zone we would rather not trade.
We're going to be looking for an entry once we have a breakout.
In this downtrend it's more likely that we will see price breaking below support.
In this case the next support is down at 1750!
Do not look for trades when there's none and be cautious in the last days of the quarter
Follow us for more specific trading opportunities!
11th of June
16th of June
Those are the days on which Gold formed highs inside of the current downtrend.
There's a few more days left of the second quarter. And that's when we could usually expect reversals!
Right now Gold is trading inside of the zone of 1763-1794.
While it's inside of this zone we would rather not trade.
We're going to be looking for an entry once we have a breakout.
In this downtrend it's more likely that we will see price breaking below support.
In this case the next support is down at 1750!
Do not look for trades when there's none and be cautious in the last days of the quarter
Follow us for more specific trading opportunities!
✅ 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.
✅ 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.