GOLD - a move down to the daily cycle low is coming
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The last daily cycle length was 19 days. We are now on day 16. At the beginning of next week bears will try to take control in gold. Gold will move down to its daily cycle low.
Friday on the daily chart we had a powerful Bollinger Band crash signal.
Bear is over ? Possible. Open the position at this daily cycle low. Not the top.
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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.