for me the key of long term PA based on how low the drop from 2nd daily red candle
as long 82 resistance strong and 4H keep making red candle momentum still bearish
the problem with gold for months
indicator keep floating sideway in mid zone
but right now even with 82 retest still no bullish breakout signal
either need above 85 as bullish breakout signal, or it still bearish which is why I make this chart
as long 82 resistance strong and 4H keep making red candle momentum still bearish
the problem with gold for months
indicator keep floating sideway in mid zone
but right now even with 82 retest still no bullish breakout signal
either need above 85 as bullish breakout signal, or it still bearish which is why I make this chart
Note
this is the problem that I said happening for monthsleft side bearish gold after Ukraine war
right side bullish gold after Gaza war, indicator wont break the middle zone
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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.