Are we going to to have the same momentum?
If you take a look on the daily/4h chart of gold you will observe that every dip started with a consolidation than a breakout to the upside, Each of these rejections has a strong negative effect on prices. If history repeats itself, that could be a good sign for choosing the right trade. Lets see what happens.
Note
Short active
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Related publications
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.