It has been an insane run on Gold since February with the massive longs and shorts. More recently, I caught a crazy drop with a 1 : 18.64 RR down to 3227.95 between May 8th/11th.
Now reaching 3229.00, a daily key level, we can anticipate sells below 3209.00 on other TFs or a rejection of the drop, then we adapt accordingly.
Now reaching 3229.00, a daily key level, we can anticipate sells below 3209.00 on other TFs or a rejection of the drop, then we adapt accordingly.
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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.