gold 29.06.22
gold has been pretty much bearish lately and we can use this to our advantage if well managed. our previous week closed bearish with a wick to fill and since monday all of our daily candles has been bearish which means we are looking for sells only until our invalidation points are broken. price created a high during asian session which was rejected, pre london session retested the high and made a full rejection.
our confirmation candle is the bearish inside bar and our first target is 1814.45. from there wait for price to create a new high and make your trade risk free for the full ride to our final target
our confirmation candle is the bearish inside bar and our first target is 1814.45. from there wait for price to create a new high and make your trade risk free for the full ride to our final target
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.