I know it seems weird, but I see a fractal
Beyond that daily timeframe moving averages look extremely bearish. My first glance call is to short gold to 1380 area, and probably lower.
Preliminary target is 1380-1400. Cheers and happy trading.
Attached below is my btc short idea from a few months back. Its hard to display on a chart, but if you look side by side it appears gold is at the end of the bearish consolidation that BTC was in around 10k
!!!!!!!
Beyond that daily timeframe moving averages look extremely bearish. My first glance call is to short gold to 1380 area, and probably lower.
Preliminary target is 1380-1400. Cheers and happy trading.
Attached below is my btc short idea from a few months back. Its hard to display on a chart, but if you look side by side it appears gold is at the end of the bearish consolidation that BTC was in around 10k
!!!!!!!
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Related publications
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.