Basic structure analysis here on gold with the trendline strategy on H4. Price is seen to be in some overrall downtrend here with the uptrend trendline getting broken and pushing through the trendline For next week, I want to see price comeback to retest the trendline, show reversal signs and drop for a 1:13+ risk:reward.
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.