Go time for Gold
Nice reaction of the higher low so far while everyone is terrified to buy.
Not often you get such a bullish daily candle during these waterfall sell offs.
At the very least I expect a strong deadcat bounce. If we take out the swing low we are headed straight to 1740, and then 1690 although I doubt we can get that low.
Bottoms in IMO. This is not the time to be bearish.
Not often you get such a bullish daily candle during these waterfall sell offs.
At the very least I expect a strong deadcat bounce. If we take out the swing low we are headed straight to 1740, and then 1690 although I doubt we can get that low.
Bottoms in IMO. This is not the time to be bearish.
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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.