Gold Spot / U.S. DollarUpdated GoldUSD momentum trade ish
Lets see what happens :) Saving for future reference
Yellow line = closing price
Grey stepping line = Closing price of previous week
Grey oscillating lines = highs and lows
Why is the scale on the left? Because i want to avoid "tunnel vision" on the right side of the chart. I want my eyes to travel across the price history when checking the price scale :)
Yellow line = closing price
Grey stepping line = Closing price of previous week
Grey oscillating lines = highs and lows
Why is the scale on the left? Because i want to avoid "tunnel vision" on the right side of the chart. I want my eyes to travel across the price history when checking the price scale :)
Note
Unfortunately my setup doesent work when pressing play :) But at the time of writing the breakout is well underway.
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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.