Gold concentrates volume in high value zone, Short signal!

[Analysis]

  • Gold forms Congestion Zone in high value area.
  • BBMA indicator with upper band turns red.
  • Stochastic Momentum indicator gives Short signal.


[Setup]

  • When the price breaks out of the Congestion zone to the bottom, enter a Short order.
  • Note, this is a signal on the daily time frame.
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