Hello traders,
Lets have a quick review on GOLD for last week.
Gold continue down to reack last low to finish a ABC wave on 4h chart.
And it rallied up on the 1st day of July. It could go back to 1828 before making a new swing down.
On wkly chart, I would prefer to see sideways price action before making a new leg down.
So from next Tuesday, you should follow how far the swing from 1789 can go up to, and check selling signal again from there to follow a sidways price action for GOLD.
GOOD LUCK!!!
LESS IS MORE!
Lets have a quick review on GOLD for last week.
Gold continue down to reack last low to finish a ABC wave on 4h chart.
And it rallied up on the 1st day of July. It could go back to 1828 before making a new swing down.
On wkly chart, I would prefer to see sideways price action before making a new leg down.
So from next Tuesday, you should follow how far the swing from 1789 can go up to, and check selling signal again from there to follow a sidways price action for GOLD.
GOOD LUCK!!!
LESS IS MORE!
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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.
Join Free Telegram Group to get all the updates: t.me/FuntraderVera
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.