[Analysis]
[Setup]
- Gold forms Congestion Zone in high value area.
- BBMA indicator with upper band turns red.
- Stochastic Momentum indicator gives Short signal.
[Setup]
- When the price breaks out of the Congestion zone to the bottom, enter a Short order.
- Note, this is a signal on the daily time frame.
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.
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.