Similar idea on GOLD.
I like how this thing looks. It has a potential to go way lower after this huge range breakout last week.
The recent downtrend here looks quite healthy as well.
I will be stalking H4 for a pullback towards 1300.00 so I can enter short.
I like how this thing looks. It has a potential to go way lower after this huge range breakout last week.
The recent downtrend here looks quite healthy as well.
I will be stalking H4 for a pullback towards 1300.00 so I can enter short.
Note
The inability to pullback keeps going here. I am still anticipating the same kind of choppiness on a slightly higher price.Note
This thing keeps looking good. Maybe one more choppy higher high from the miniature picture, followed by a deep retracement will give us a good entry.Note
Finally, aggressive sell inside the sell zone. This small pullback does not look heatlhy to me. It barely makes new highs, each one followed by deep retracement.I am watching the zone in order to get a better price and to see if the price is willing to stay inside 1297.00.
Possible entry tomorrow's european session.
Trade active
I am in.
Trade closed: stop reached
Stopped out at first entry. Current price action - looks aggressive. I am keep looking for sell opportunities.Trade active
Re re-entered on this.
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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.