GC goes up to supply zone then back to 1700
Updated
Gold I expect to go to 1750-1760 before dropping back to 1700
- upward wedge indicating reversal
- strong supply zone
- upward wedge vertex confluent with supply zone (I love when things conflue :)
- RSI will likely be overbought or show bear divergence.
I drew a possible price path scenario after supply zone is hit
If you like this idea please support me by giving a thumbs up! Please leave comments or ideas too :)
Ms. Bunny.
- upward wedge indicating reversal
- strong supply zone
- upward wedge vertex confluent with supply zone (I love when things conflue :)
- RSI will likely be overbought or show bear divergence.
I drew a possible price path scenario after supply zone is hit
If you like this idea please support me by giving a thumbs up! Please leave comments or ideas too :)
Ms. Bunny.
Note
This trade so far going as planned. Next stop 1700.
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.