Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are bearish on gold on the higher timeframes but on the 4hour we are still ranging unfortunately.
From here, the likely scenario is that price action continues to range between 1870.00 & 1830.00.
Trade scenario 2: For us to consider Gold bearish again we need to see a lower high below 1830.00
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: We are bearish on gold on the higher timeframes but on the 4hour we are still ranging unfortunately.
From here, the likely scenario is that price action continues to range between 1870.00 & 1830.00.
Trade scenario 2: For us to consider Gold bearish again we need to see a lower high below 1830.00
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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.
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.