Gold has approached the weekly resistance and bounced off and is now in consolidation just below weekly resistance.
Watching for gold to break the bullish 4hr trendline as it has not been able to break 1300 in the past.
Watching for gold to break the bullish 4hr trendline as it has not been able to break 1300 in the past.
Note
If Gold does not stay above 1291 I will be shortingNote
Gold brokeout above 1291 this would have been a good buy signal for those who were watching goldNote
if gold holds above 1300 I will forsee further longs
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.
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.