We have had a tap off the most recent high at $1745
We retraced as expected as it is a multi-year high and are headed back to this zone.
I am expected us to reject it a second time back down to support and for gold to tap this area a few times before breaking through.
Setup is there, now lets wait for the tap off 1745~
Trade, Chart, Learn, Repeat
Coach K
We retraced as expected as it is a multi-year high and are headed back to this zone.
I am expected us to reject it a second time back down to support and for gold to tap this area a few times before breaking through.
Setup is there, now lets wait for the tap off 1745~
Trade, Chart, Learn, Repeat
Coach K
Trade active
Did not get the re-test but came close and reversed as expected!
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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.