paradox677

XAUUSD GC1! GOLD 2021 Aug 16 Week

COMEX:GC1!   Gold Futures
GC1!

GC1! Gold 2021 Aug 16 Week

Last week, Gold was kind to react per strategies provided.
Hope you have profited from it,
Weekly: Very High Volume Climatic Up Bar = Strength has appeared
Daily: UHV Selling Climax + rejection of lower price + Demand = Strength
H4: UHV Climatic closing above middle + healthy volume on ascend = strength.

Strategy for Short (if prices tested and resisted):
1) 1789
2) 1808
3) 1837

Strategy for Long:
Don't be late worm and chase the uptrend.
Prefer to long at these levels if tested and supported
1) 1757 - 1765
2) 1740
3) 1718
4) 1678

Remember to follow and like if you find this useful.
Have a profitable week ahead.

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.