SHORT GOLD
Uncertainty about the arrival of Trump with all the current geopolitical situation raised the price of gold in spite of usd strength. Price is currently in the strong resistance zone, also here is supply zone 2730-2750 created when Trump was elected president. I expect liquidity grab above the last top , reaction and confirmation on the smaller charts (h4/h1) for entering a sell position.
If the price breaks and closes above 2750, the zone become strong support and from there i expect further growth in future to a new ATH
If the price breaks and closes above 2750, the zone become strong support and from there i expect further growth in future to a new ATH
Order cancelled
No entry here. Yesterday price closed above 2750 so this is not valid anymore. Waiting for next move and opportunityNote
As we can now see the price closed above the mentioned 2750 and went to ATH
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.