here we see our first sign of gold going up. we see it currently in our first phase on consolidation in our MM structure, and bounced off the Monthly line (marron line) but would like to wait untill the 4hr candle here closes to see if it closes above our 4hr line (purple line) to go up to our next best Sell entry, or close under it and take it down to our next major 4hr zone. The reason im bearish here is because of the big bearish candle there, indicating to me we have strong momentum towards the downside.
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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.