What i see coming for this chart.
Gold has been selling for the past few weeks.
The market been showing me on the weekly chart to be having more chances of movements to the downside.
On this time frame we had a correction and it might continue with the overall weekly momentum.
What would invalidate this trade is if gold moves up past the previous higher low
That would mean that the market is committing to the different momentum (buys)
Please share your thoughts on this post .
Gold has been selling for the past few weeks.
The market been showing me on the weekly chart to be having more chances of movements to the downside.
On this time frame we had a correction and it might continue with the overall weekly momentum.
What would invalidate this trade is if gold moves up past the previous higher low
That would mean that the market is committing to the different momentum (buys)
Please share your thoughts on this post .
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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.
Related publications
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.