Hi guys! Second time! on a roll, lol. Anyways, I was thinking of this idea I had. Gold currently has a double top and broke through and currently retesting for a second opportunity to sell. It may bounce the highlighted area. If it bounces off the 38 fib then it's going downhill hard. I believe it may hit the 1535 area around. 4Hr shows some divergence which leads me to believe this may go as I think it's going. Let's see what it does! Happy Trading!
Note
I forgot to mention that it also had a Head and Shoulder
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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.