Gold retracing lower. Where to next?
We have two bearish candles on the daily time frame.
15ema might be retested soon before more up moves.
Once price reaches those levels, we need to see whether the bulls are going to come in.
At the moment we are seeing retracement moves down after the impulse moves up.
All the best guys!
Ardy
15ema might be retested soon before more up moves.
Once price reaches those levels, we need to see whether the bulls are going to come in.
At the moment we are seeing retracement moves down after the impulse moves up.
All the best guys!
Ardy
Founder of ProTradersNetwork.com, home of the TMG Titan traders who uses TMG Titans Pro Tools developed by Ardy.
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
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