after massive pull back of gold bears record breaking 5.6% in a day...
the bias still on bull side long term, but looking on high TF bears might target the gap at 1740-45...
each support/resistance zone has to trade according to price action...
the bias still on bull side long term, but looking on high TF bears might target the gap at 1740-45...
each support/resistance zone has to trade according to price action...
Note
bears has momentum below mib BB, position short 1929-32 TP 1850 and lower
bulls will take control above mid BB, position long 1942 tp 1970-2000
take trade on level depend on PA...
Note
its been a while haven't update this pandemic range...
gold to look for more lower price...
with inflation help, dollar strength way too strong...
we have REE Sell set up on daily...
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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.