50/200 Cross may be the indication that there may be a Market Reversal coming. Let's see.....Coupled with the current price location and technicals, I am looking for the Short. GET SHORTY!!!! for me.
Looking for the highs of consolidation to hold to keep with the bearish bias alive. Aggressive move to take a short or wait for break and re-test of the consolidation for a more conservative play.
Looking for Gold to push to the downside of consolidation before holding and making a bullish run. With the dollar weak and the FED not raising rates Gold has a chance to make a run for it! Looking for the price action with a bit of Fundamentals..... hmmmm
After and over extended bearish runs.... the 4H Bearish push has led back to the "Golden Zone" Currently at a key level. Looking to short the market. Will place stops to BE once it reaches the next bearish zone.
Would like to see a double top to find possible trading opportunities for a short on this Market. Don't always look for reversals, but this would be a nice one.
