In the weekly chart, Gold has printed a Pinbar Candlestick, which indicates Bullish exhaustion.
In my opinion, Gold may have created a short-term Top. My plan this week is to Sell but to reduce the risk, I want to sell as close as possible to
last week's high.
So, I would be looking at the 1730-1760 area for any potential Sell entries.
In my opinion, Gold may have created a short-term Top. My plan this week is to Sell but to reduce the risk, I want to sell as close as possible to
last week's high.
So, I would be looking at the 1730-1760 area for any potential Sell entries.
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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.