The uptrend on Gold has been going on for exactly 2 months now, without showing any signs of weakness.
However, now we see deeper corrections and less of an upside moves.
That's why we will be looking if there will be a close below previous low.
Values lower than 1890 will mean, that we could see an additional downside push and market possibly reaching 1873 and 1856.
There isn't a close below yet, so any entries in short positions are still not confirmed and considered risky!
Watch out for price action progress, so you can make an entry!
However, now we see deeper corrections and less of an upside moves.
That's why we will be looking if there will be a close below previous low.
Values lower than 1890 will mean, that we could see an additional downside push and market possibly reaching 1873 and 1856.
There isn't a close below yet, so any entries in short positions are still not confirmed and considered risky!
Watch out for price action progress, so you can make an entry!
✅ 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.