Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are finally bullish here on Gold! We can see a clear break of resistance near 1825.00 and now price action is consolidating and retesting the zone.
From here we’re ideally looking for a higher low above 1825.00 with strong bullish candlestick setups.
Trade scenario 2: For us to consider gold bearish again we would need to see a break back below 1825.00 with a confirmed lower high.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are finally bullish here on Gold! We can see a clear break of resistance near 1825.00 and now price action is consolidating and retesting the zone.
From here we’re ideally looking for a higher low above 1825.00 with strong bullish candlestick setups.
Trade scenario 2: For us to consider gold bearish again we would need to see a break back below 1825.00 with a confirmed lower high.
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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.