Gold BUY & SELL Opportunity
As you can see in the chart, I have highlighted the DR (dealing range).
At the moment, GOLD is currently trading at a deep DISCOUNT providing a great opportunity to look for longs. For my trade requirements, I will be waiting for LTF bull BOS to the upside and then I will be entering on a retracement back to the downside before capturing the liquidity resting above.
This provides us with both a BUY and SELL opportunity since price will have to trade back up to capture the liquidity before coming back down even further and targeting even more liquidity.
At the moment, GOLD is currently trading at a deep DISCOUNT providing a great opportunity to look for longs. For my trade requirements, I will be waiting for LTF bull BOS to the upside and then I will be entering on a retracement back to the downside before capturing the liquidity resting above.
This provides us with both a BUY and SELL opportunity since price will have to trade back up to capture the liquidity before coming back down even further and targeting even more liquidity.
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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.