Keeping things simple as possible
I'm looking at potential buys for gold
TP/QP 1850
We have a possible double top forming on H4. My plan is to see what's going to happen as far as how far the market will retrace to the downside
I'm keeping a close eye out on the dollar index during this time because usually when the dollar goes down prices of gold goes up and vise versa
in a short-term type of trade, I'm looking for a counter-trend trade sell position.
I'm looking at potential buys for gold
TP/QP 1850
We have a possible double top forming on H4. My plan is to see what's going to happen as far as how far the market will retrace to the downside
I'm keeping a close eye out on the dollar index during this time because usually when the dollar goes down prices of gold goes up and vise versa
in a short-term type of trade, I'm looking for a counter-trend trade sell position.
Trade active
after the double top was formed price found support around 23.6
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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.