Price is currently in a strong supply zone in the 4h time frame. If the price falls and surpasses the first CHOCH position, gold will continue to fall again.
If gold continues to rise and breaks the Swinghigh creating a BOS signal, a strong Swinglow bottom will be created.
If gold continues to rise and breaks the Swinghigh creating a BOS signal, a strong Swinglow bottom will be created.
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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.
Related publications
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.