GOLD- Weekly Harmonic on gold with Bearish weekly engulfing at C
If you guys want more confirmation, go count the weekly bearish engulfing candles on gold and watch want happens afterwards.
Note
Gold retraced, be patient till after nfpTrade active
channel formed with overbought on 4hr stochastics.
If nfp wasnt this week you could sell and have stop above high but with nfp you either need wide stop or just stay away
Order cancelled
The weekly engulfing candle on gold, has been engulfed by a bullish engulfing candle.Also usdollar is giving up right now
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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.