#Gold - TrendFlex Active - Weakness Remains
Gold TrendFlex Active Profile
TrendFlex Active Score: -.45
Trend Momentum: Negative
Volatility Range: 1288 (top end)
1275 (mid)
1266 (bottom end)
*Note: TrendFlex Active provides a quantitative approach to intraday analysis. By matching up an asset's active score, price momentum and near-term volatility range, traders can decipher when trends begin and when they inflect. An overly bullish score, when combine with the top end volatility range is indicative of take profit or sell. Conversely, the opposite is indicative of a buy or cover.
Each asset profile will be valid only until the end of session. Headline risk may effect daily profiles.
Follow us on twitter @macro_view
TrendFlex Active Score: -.45
Trend Momentum: Negative
Volatility Range: 1288 (top end)
1275 (mid)
1266 (bottom end)
*Note: TrendFlex Active provides a quantitative approach to intraday analysis. By matching up an asset's active score, price momentum and near-term volatility range, traders can decipher when trends begin and when they inflect. An overly bullish score, when combine with the top end volatility range is indicative of take profit or sell. Conversely, the opposite is indicative of a buy or cover.
Each asset profile will be valid only until the end of session. Headline risk may effect daily profiles.
Follow us on twitter @macro_view
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.