GU is in an overall uptrend (weekly timeframe ) but on a smaller timeframe, it broke the last HL, giving a potential sign to a temporary bearish movement . I’m looking for price to retrace & drop down to trend line. I still need more technical confluences to confirm bearish movement but so far, it looks like it started. News will also play a role in bearish decision & confirmation. Ready for next week 💪🏼
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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.