At this level, buyers are losing momentum, and you can confidently short gold down to the support area. From there, we’ll look for buying opportunities
Trade active
25 pips runningTrade active
40 pips runningTrade active
100 Pips RunningTrade active
Even after the third attempt, gold hasn’t been able to create a new swing high. What does this mean? It means that gold needs more liquidity for another swing high. The market will go down to grab liquidity and then push the price upTrade closed manually
110 PipsTrade closed: target reached
Target Reached
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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.
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.