Gold spot loosens its shine! An elevated NFP stats moves the instrument lower and starts accumulating net positions lower to the downside.
Historically it performs well either bullish or bearish but an area of consolidation is taking place with an accumulation of liquidity at play until it breaks either way. My bias is still bearish before a return to bullish territory.
Comments are welcome! Have your say.
Historically it performs well either bullish or bearish but an area of consolidation is taking place with an accumulation of liquidity at play until it breaks either way. My bias is still bearish before a return to bullish territory.
Comments are welcome! Have your say.
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.
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.