on WEEKLY: GOLD is sitting around a strong supply zone in green and round number 1800 so we will be looking for objective sell setups on lower timeframes.
on H1: GOLD is trading inside our red channel so we are overall bullish from a short-term perspective, but we will be looking for sell setups as price is sitting around resistance.
we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell this one.
moreover, we have a regular bearish divergence adding more confluence to our sell setup.
on H1: GOLD is trading inside our red channel so we are overall bullish from a short-term perspective, but we will be looking for sell setups as price is sitting around resistance.
we are waiting for a momentum candle close below the last swing that forms around our lower red trendline to sell this one.
moreover, we have a regular bearish divergence adding more confluence to our sell setup.
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RichTL.com
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instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
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kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.