Gold finally picking up?
As Gold has been falling for the past few weeks. We could see momentum pick up in the direction of gold gaining in value. Since the BTC ETF's have been approved we saw a bit of a stabilized movement with the pair. With this sentiment & analysis we saw the safe haven.. gold drop..from the looks of what it happening currently it could technically still be on a downtrend but i'd like to do a bit of counter trend trading today since the volume looks to be accommodating to the upside since London session.
*** KEY ANALYSIS ***
- I'm looking for breaks to the upside of gold of 2032.87. i need the 30mm candle to close above this point before i can have a confirmation of execution. stops under my zone at 2029.26
*** KEY ANALYSIS ***
- I'm looking for breaks to the upside of gold of 2032.87. i need the 30mm candle to close above this point before i can have a confirmation of execution. stops under my zone at 2029.26
Related publications
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.