After a good bullish rally to 1912, there is a potential reversal and gold will move downwards towards the 0.5 fib level @ 1847.
According to the 4H timeframe, there are a lot of imbalance between 1885 - 1853 thus; gaps.
These gaps need to be filled to create a balance market.
Entry @ 1895 Tp @ 1847 Sl @1905.
According to the 4H timeframe, there are a lot of imbalance between 1885 - 1853 thus; gaps.
These gaps need to be filled to create a balance market.
Entry @ 1895 Tp @ 1847 Sl @1905.
Note
Well, that green candle was close to trigger the SL
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.