Gold overview plan 18 January
Updated
Trend H4 & H1 Bullish
Support (last wave) 1209.40
Support (Structure) 1208.74
Scenario 1 : wait price action at support, Long opportunity TP 1218-19
Scenario 2 : Buy on Breakout Resistance 1219 TP 1224-30
Last PA : bearish divergences (no impact)
Support (last wave) 1209.40
Support (Structure) 1208.74
Scenario 1 : wait price action at support, Long opportunity TP 1218-19
Scenario 2 : Buy on Breakout Resistance 1219 TP 1224-30
Last PA : bearish divergences (no impact)
Comment
scenario 1 likely in playComment
market sideways,, this turns into rectangle patternscenario 2 likely in play
Trade closed: target reached
Entry Short on Support break,, Rally Base, DROP!!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.