As previously hinted, some reactions from the questionable/ dubious buy orders/block around the 2304 levels propelled the asset upward, but its price remains below the referenced trading range(marked in purple). The keyword here is 'questionable'; the precious metal might experience some downtime ahead.
The chart below provides a higher time frame view of the initial analysis. See related ideas for background information.
Remember to conduct your due diligence!
The chart below provides a higher time frame view of the initial analysis. See related ideas for background information.
Remember to conduct your due diligence!
Trade closed: stop reached
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.
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.