Gold is looking to make a lower high before eventually falling
If price action really confirms a sell on my supply areas
Then I'll be looking to place some short positions
And take note that price broke out of my bullish trendline
and pulled back up to do a breakout retest before falling further down and
the fact that gold seems to be making lower highs and all this
is just further confirmation of a downtrend taking place.
If price action really confirms a sell on my supply areas
Then I'll be looking to place some short positions
And take note that price broke out of my bullish trendline
and pulled back up to do a breakout retest before falling further down and
the fact that gold seems to be making lower highs and all this
is just further confirmation of a downtrend taking place.
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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.