As much as gold is currently bullish, for intraday trading its highly wise to wait for a full correction move and ride the impulse on the resistance level, only if there there are validating signals.🔥
Note
Gold reached the target, at which is also a key level (resistance). We expecting the market to Accumulate, this phase may go as far as hitting the global trend line. What to look for?Bullish price rejection, a doji, inverted hammer, bearish engulfing pattern, anything which dictates a bearing reversal, it May take a while do not rush, follow your rules.
Sell at your own risk🐻🔥
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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.