Be ready for a Short in Gold (GC)
Hello all,
How are you ? I hope find you well.
Today I would like to share an idea for a gold.
My volume in the weekly chart show us that the long volume (green line) is below of Short Volume (red line). This means that the LONGS doesn't have a lot of strong. This situation is also very important because after the previous pullback the price and volume should go long. But the current situation tell us that there is not intention to go long. We should wait to go short when we got a close red candle (remember we are under a weekle candles). we must be patient.
Make your trading simple reading correctly the volume.
Have a good day
How are you ? I hope find you well.
Today I would like to share an idea for a gold.
My volume in the weekly chart show us that the long volume (green line) is below of Short Volume (red line). This means that the LONGS doesn't have a lot of strong. This situation is also very important because after the previous pullback the price and volume should go long. But the current situation tell us that there is not intention to go long. We should wait to go short when we got a close red candle (remember we are under a weekle candles). we must be patient.
Make your trading simple reading correctly the volume.
Have a good day
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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.
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.