For me, currently gold is at a critical point. 1H TIMEFRAME...
Here, I am using divergence to divergence approach to determine the top and the bottom of a trend. Bearish DIvergence can be used to find the TOP point of a trend or reversal trend from bullish to bearish (FIB 100%), while Bullish divergence can be used to find the BOTTOM point of a trend or reversal (FIB 0%).
note: REMEMBER TO ALWAYS TRADE AT YOUR OWN RISK
next week GOLD gonna be WILD
SEE YAA MY FELLOW GOLD TRADER...
Here, I am using divergence to divergence approach to determine the top and the bottom of a trend. Bearish DIvergence can be used to find the TOP point of a trend or reversal trend from bullish to bearish (FIB 100%), while Bullish divergence can be used to find the BOTTOM point of a trend or reversal (FIB 0%).
note: REMEMBER TO ALWAYS TRADE AT YOUR OWN RISK
next week GOLD gonna be WILD
SEE YAA MY FELLOW GOLD TRADER...
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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.