https://www.tradingview.com/x/5umP9Ceo/
Well, after forming a new ATH, gold made a correction and made a new high on the 15-minute time frame.
At this moment, all the time frames on the gold chart are bullish and we should only think about buying. There are 3 scenarios
Scenario 1: We enter a buy trade after the confirmation of the lower time frame in this 15-minute area
Scenario 2: We enter a buy trade after attracting liquidity with a confirmation of the 5-minute area
Scenario 4: We enter a buy trade after the price reaches the 4-hour area.
(The probability of scenario 4 is low)
Because the uptrend is very strong
Well, after forming a new ATH, gold made a correction and made a new high on the 15-minute time frame.
At this moment, all the time frames on the gold chart are bullish and we should only think about buying. There are 3 scenarios
Scenario 1: We enter a buy trade after the confirmation of the lower time frame in this 15-minute area
Scenario 2: We enter a buy trade after attracting liquidity with a confirmation of the 5-minute area
Scenario 4: We enter a buy trade after the price reaches the 4-hour area.
(The probability of scenario 4 is low)
Because the uptrend is very strong
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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.