Gold idea
Gold hit the 0.236 from previous downtrend as well as bearish divergence on the daily and fell hard last couple days. Potential support here on trendline and in a previous liquidity zone with hidden bull divergence on 1D. Could see a test of the previous double top. A break below trendline could send it down to test trend at the 1600 range
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.