Currently we can see that Gold has just invalidated a 4 hour Imbalance that aligned with several confluences that should have fueled a bullish move. This leads us to believe that the next bullish move might wait a few days, while price creates and takes necessary liquidities, while moving within the descending channel.
As a result, I have highlighted urea's of interest and possible tradable levels promising up to 1,100 pips (11,000 points).
Higher timeframe analysis will be released soon.
As a result, I have highlighted urea's of interest and possible tradable levels promising up to 1,100 pips (11,000 points).
Higher timeframe analysis will be released soon.
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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.