Gold has indicated a bearish trend by breaking the D1 Market Structure to the downside. Moving forward, we are seeking selling opportunities until the market demonstrates otherwise.
We anticipate a pullback occurring between Tuesday and Thursday, which will retrace into our bearish order block. This will present an opportunity to short gold and aim for lower lows, with the stop loss set above the recent high to keep it out of reach.
We anticipate a pullback occurring between Tuesday and Thursday, which will retrace into our bearish order block. This will present an opportunity to short gold and aim for lower lows, with the stop loss set above the recent high to keep it out of reach.
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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.