Gold after busting through weekly and daily reversals at greater than 1% will retrace to the lowest at each time level, before continuing down.
Time frame should be one to three days for the daily and unsure of the weekly. Three weeks would be a guess.
See chart for last elected reversals on each time level.
Time frame should be one to three days for the daily and unsure of the weekly. Three weeks would be a guess.
See chart for last elected reversals on each time level.
Trade closed: target reached
closed at 1752.7
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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.