GOLD BEARISH CONTINUATION?????
Gold has hit a MAJOR level with a possible REVERSAL to the upside due to its current position in a DAILY Consolidation. With its DAILY Engulfing Candle I am looking for a break and retest for 1476.00 to the Downside for a BEARISH Position targeted at 1448.80 on the DAILY Swing.
Plan B: With Gold being over extended and a possible move to upside, won't start looking for Bullish Positions until the break and retest of 1494.34.....
Plan B: With Gold being over extended and a possible move to upside, won't start looking for Bullish Positions until the break and retest of 1494.34.....
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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.