Gold is currently below rising channel and holding the Range of 3320-3335,although yesterday implusive drop is incompleted without testing 3290-3280
What's possible scanarios we have?
▪️I'm still on bearish side till 3345 is invalidated and candle flips above. I open sell trades at 3332 again and holds it .
if H4 & H1 candle close above 3345 I will not hold or renter sell.
▪️Secondly if H4 candle closing above 3345 this down move will be invalid and Price-action will reached 3370.
What's possible scanarios we have?
▪️I'm still on bearish side till 3345 is invalidated and candle flips above. I open sell trades at 3332 again and holds it .
if H4 & H1 candle close above 3345 I will not hold or renter sell.
▪️Secondly if H4 candle closing above 3345 this down move will be invalid and Price-action will reached 3370.
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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.
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.