Gold weekly update 22.08-26.08
Last week my idea was that the consolidation will be reaccumulation and price will test the origin of the wedge and go up. This was not the case.
Price cleared the previous major liquidity and close below 1750. My overall bias is bearish. Price should test the previous low and will see if it is hold or make new lower low.
Few Tradingview Indicators, that will help to decide the direction.
cdn.discordapp.com/attachments/953545369592148028/1010429886294401117/SFC_5-min_strategy_manual.pdf
Price cleared the previous major liquidity and close below 1750. My overall bias is bearish. Price should test the previous low and will see if it is hold or make new lower low.
Few Tradingview Indicators, that will help to decide the direction.
cdn.discordapp.com/attachments/953545369592148028/1010429886294401117/SFC_5-min_strategy_manual.pdf
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