GOLD waiting for high probability setups to form
Hello everyone, if you like the idea, do not forget to support with a like and follow.
on H4: GOLD is overall bearish trading inside this big brown trendline.
However, it is currently sitting in the middle of nowhere.
So we will be waiting for GOLD to approach the upper brown trendline and blue resistance 1900.0 in blue to look for trend-following sell setups on lower timeframes (M30 and H1)
OR
we will be waiting for GOLD to approach the lower brown trendline and green support 1800.0 in green to look for buy setups on lower timeframes (M30 and H1)
Good luck!
on H4: GOLD is overall bearish trading inside this big brown trendline.
However, it is currently sitting in the middle of nowhere.
So we will be waiting for GOLD to approach the upper brown trendline and blue resistance 1900.0 in blue to look for trend-following sell setups on lower timeframes (M30 and H1)
OR
we will be waiting for GOLD to approach the lower brown trendline and green support 1800.0 in green to look for buy setups on lower timeframes (M30 and H1)
Good luck!
Trading Made Simple; and Rule-Based
RichTL.com
Instagram
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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.