Update to this Idea: https://www.tradingview.com/chart/XAUUSD/vVEjAWqU-Gold-Short/
After re analyzing Gold, I see a possibility of it making a new high. I see several places for pull back opportunities.
1463.26 area (1st red line)
1485.77 area (1st orange line)
1515.24 area (2nd orange line)
1545.83 area (2nd red line)
1580.00 area (upper red zone)
After re analyzing Gold, I see a possibility of it making a new high. I see several places for pull back opportunities.
1463.26 area (1st red line)
1485.77 area (1st orange line)
1515.24 area (2nd orange line)
1545.83 area (2nd red line)
1580.00 area (upper red zone)
Note
Previous idea of further downside "now" is invalid. (Red arrows in original analysis. Link above.)
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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.