GOLD possible REVERSAL Ideea
As reaching the psychological level of 2500, the past few weeks that was a bigger consolidation, now it made a breakthrough, but closed back inside the box. Tho it looks very bullish, sentiment is also bullish, but i fear a new ATH between 2500-2600 and from there to retest the 2100 level , before reaching the 2800 awaited level. Even on Daily it closed inside the box.
I am waiting a sign that will give me a reason for a short, but i watch those 2 levels closely because i see it a bit overextended.https://www.tradingview.com/x/4EVC3Td9/
I am waiting a sign that will give me a reason for a short, but i watch those 2 levels closely because i see it a bit overextended.https://www.tradingview.com/x/4EVC3Td9/
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