good day traders, as we can see from the analysis neither buyers/sellers are in full control of the price. It would be a bad idea to be placing trades now especially if you're a day trader.
The best time to trade Gold would be if a breakout on either side happens, If price breaks the resistance then we can expect the price to push up as that would show us that buyers are more than sellers and are driving the price up. If it breaks below the New low then that's a good sign of sellers pushing the price down meaning we can enter our sells
I'll keep an update of how it goes, you're also welcome to share your view on the comments, I look forward to that
The best time to trade Gold would be if a breakout on either side happens, If price breaks the resistance then we can expect the price to push up as that would show us that buyers are more than sellers and are driving the price up. If it breaks below the New low then that's a good sign of sellers pushing the price down meaning we can enter our sells
I'll keep an update of how it goes, you're also welcome to share your view on the comments, I look forward to that
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.
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.