Gold Spot / U.S. Dollar
Short
Updated

GOLD IDEA - Could we see gold end lower this week?

130
Gold is clearly creating lower lows & lower highs. We've also measured with our fib and we are sitting in our 50-60% zone! We've identified our bearish engulfings on the 1hr, 30 mins, & 15 min time frame. Everything is aligning, our final step is waiting for our ctl to break then scaling into our position slowly.
Trade active
We're active
Trade closed: stop reached
We got stopped at break even

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.