t seems that gold has entered a tradingrange and is not breaking out for now.
Switch to the 5-minute timeframe; you can enter a trade when you spot reversal candles at the top and bottom of the trading range.
There is a high probability of the channel extending.
Good luck!
Switch to the 5-minute timeframe; you can enter a trade when you spot reversal candles at the top and bottom of the trading range.
There is a high probability of the channel extending.
Good luck!
Trade active
It looks like the trading range has extended (fake breakout).Just as predicted.
the new top of the tradingrange is 2999.
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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.