💡Gold is narrowing its range. Recently some news shows the strength of the USD is returning but the news of the recent war is still supporting gold
💡Currently, the battle between buyers and sellers is extremely fierce. Sideway gold was in a wide price range from 1965 - 1975. But the sellers seemed to be more dominant when gold turned around twice but failed.
💡Almost like an upside-down V-shaped reversal for H1 gold after the price first swept to the bottom and then pulled back up, forming a false break - creating a bear trap.
💡Currently, the battle between buyers and sellers is extremely fierce. Sideway gold was in a wide price range from 1965 - 1975. But the sellers seemed to be more dominant when gold turned around twice but failed.
💡Almost like an upside-down V-shaped reversal for H1 gold after the price first swept to the bottom and then pulled back up, forming a false break - creating a bear trap.
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Related publications
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.