I don't really swing trade but if the uptrend doesn't resume soon, we will most likely be looking at this set-up, I think. As always the market does what it want but this bearish scenario is very likely to happen if Gold doesn't regain bullish momentum. Just my thought, nothing else.
Trade Safe!!
Trade Safe!!
Note
So far it is following its course, keep an eye on the H4 for the swing. I'm in minds if you want to scalp the up and down everyday!!Trade closed manually
The structure failed to make LL therefore the uptrend has resumed for now. Keep your eyes peeled for the support at 2390 otherwise ride it up all the way to new highs.Trade safe!
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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.