So i like to forecast what could happen on every trade i take always finding the best highest probability, this setup looks so clean at the moment be nice to know what you guys think and if we forecast both situation then we wont be shocked when it doesn't happen either gold for the win :)
Trade active
MACD is showing now divergenceTrade active
so looking at the dxy if we break below its current price then gold might not even drop out and retest that area above at 1563.145 and then rally so just be patienceTrade active
So looking at gold now this could be ready for a long rejection below this area and hitting 50% fibDisclaimer
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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.