Let's take a look at Gold in momentum terms... Daily momentum is flat, 4 hour is bearish and increasing, 1 hour is bearish... if today we print a bearish candle on the daily then the next two - three days we'll see Gold fall back down to 1860 level.
Happy Trading folks!
Cheers!
Happy Trading folks!
Cheers!
Trade closed: target reached
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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.