Buy signal on gold and silver
Shortly after the last video gold and silver moved to the next 4-Hour bar and on both markets the chart gave a two-bar reversal pattern to go long. It doesn't mean you should go long... it's a reversal pattern not a commitment. But I wouldn't short A reversal pattern that triggers a long trade. if I did that type of trading I would have to use much larger stops because I'm almost guaranteed to have a drawdown if I counter trend the reversal.
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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.