Gold Thesis
- Weekly: On HTFs gold for the past 2weeks candles formed as shooting stars after rejection off $1550 signalling sellers could push gold lower for huge gold recovery.
- Daily: After forming lows at $1480 zone price could still recover up to $1525 zone which is th next possible target. (TP1: $1516).
- 1hr: Price broke above $1498 and is currently retesting zone as support. If level holds we could see a rally up to $1525.
Order cancelled
Will not be entering this tradeTrade active
Forget it. I’m going long LoolTrade closed: stop reached
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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.