Gold / US Dollar
On the 4h chart, we have bearish structure.
Instide of structure, there is lqy are - area with equal highs.
On the D chart, Gold is bullish, so i think that the Gold could go in bullish because above is lqy area and with that, Gold will continue with Daily chart momentum.
With this last green wick, Gold was took the previous one lqy, and that candlestick is my institutional candlestick.
Im expacting for Gold to re-test this IC candle and after that to go up.
My idea for trade will be on 1h chart. :D
Instide of structure, there is lqy are - area with equal highs.
On the D chart, Gold is bullish, so i think that the Gold could go in bullish because above is lqy area and with that, Gold will continue with Daily chart momentum.
With this last green wick, Gold was took the previous one lqy, and that candlestick is my institutional candlestick.
Im expacting for Gold to re-test this IC candle and after that to go up.
My idea for trade will be on 1h chart. :D
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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.