4 10 25 this is a relatively short video 15 minutes maybe a little bit more looking at the dollar and looking at Gold. I think gold is getting ready to go higher and it's because of a pattern that developed last night. the way the bars are moving and expanding is triggering a belief for me that the market is going higher. there are reasons why it might go lower since it's in a Range box. the dollars going lower the Gold's going higher you have 1 or 2 bars that make incredible swings and those swings are bi-directional in that one goes up by a lot and then the next bar goes down by a lot..... this is because it's an expanding Market that makes money for buyers and sellers and expanding markets can be very stressful because they make big changes and then on the next bar you get a big change in the other direction.... so you have to think a little bit differently and count on what you think where both sides of the market.... the buyers and the seller and know where they are. if there's 1 point that I think is very important and that is that the 2 bar reversal when the market was at support is really where you would take the best trade based on the way I look for opportunity in a market and it's important to look at where that is and what it looks like because it makes a total difference and how your experience with your entries will change for the better.
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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.