Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are finally looking more bullish here on GOLD. This week we’re looking for our new bullish trend to continue.
Ideally, price action forms a significant higher low near our 1675.000 support zone. Look for strong reversals and target higher toward 1735.00.
Trade scenario 2: For us to consider Gold bearish again we would first need to see price action break below 1675.00 and form a lower high below.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are finally looking more bullish here on GOLD. This week we’re looking for our new bullish trend to continue.
Ideally, price action forms a significant higher low near our 1675.000 support zone. Look for strong reversals and target higher toward 1735.00.
Trade scenario 2: For us to consider Gold bearish again we would first need to see price action break below 1675.00 and form a lower high below.
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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.
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.