Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking very bullish but we still need to see a bit more price action before we can enter in any positions.
Ideally, price action continues bullish and forms a significant higher low above 1800.00. Look to enter long and target higher if this happens.
Trade scenario 2: For us to consider gold bearish again we need to see a break back below 1800.00 with significant lower highs below.
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking very bullish but we still need to see a bit more price action before we can enter in any positions.
Ideally, price action continues bullish and forms a significant higher low above 1800.00. Look to enter long and target higher if this happens.
Trade scenario 2: For us to consider gold bearish again we need to see a break back below 1800.00 with significant lower highs below.
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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.