Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We saw a nice break below 1800 followed by huge bearish volume. Currently for us to enter short we need to see a pullback with a nice lower high below 1800.
We also will consider short scenarios if we see a major break of support at 1740.
Trade scenario 2: For us to consider Gold bullish again we would first need to see a break back above 1800
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We saw a nice break below 1800 followed by huge bearish volume. Currently for us to enter short we need to see a pullback with a nice lower high below 1800.
We also will consider short scenarios if we see a major break of support at 1740.
Trade scenario 2: For us to consider Gold bullish again we would first need to see a break back above 1800
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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.