GOLD: A bit positive correlation to the CABLE
GOLD downtrend for weeks seems to be slowing down or inducing traders to invest in a reversal.
However the bias is follow the trend, follow where the money is.
Wick in opposition direction indicates ranging condition in a downtrend.
4hr downtrend. What do you think ?
However the bias is follow the trend, follow where the money is.
Wick in opposition direction indicates ranging condition in a downtrend.
4hr downtrend. What do you think ?
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Related publications
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.