For me, currently gold is at a critical point. 1H TIMEFRAME...
Here, I am using divergence to divergence approach to determine the top and the bottom of a trend. Bearish DIvergence can be used to find the TOP point of a trend or reversal trend from bullish to bearish (FIB 100%), while Bullish divergence can be used to find the BOTTOM point of a trend or reversal (FIB 0%).
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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.