GOLD BULLISH TO $2,706 (1H UPDATE)
On the bigger TF Gold has now completed its 5 wave bullish cycle.
But as you know on the smaller TF we can still POSSIBLY see another ATH (Wave V). It is a new month so the monthly candle needs some form of liquidity grab from the upside, so it has another momentum to turn bearish. So far I am not holding any buy's, but if I do get into positions I will let you all know.
But as you know on the smaller TF we can still POSSIBLY see another ATH (Wave V). It is a new month so the monthly candle needs some form of liquidity grab from the upside, so it has another momentum to turn bearish. So far I am not holding any buy's, but if I do get into positions I will let you all know.
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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.