Potential Short Term BUY
I've just noticed a reoccuring uprise for Gold.
Currently crawling up but can roll its way down before hopefully jumping up to its new high at 1350+! It has now broken the counter trendline [EDIT: I accidentally deleted the CTL so it wont show on my chart] so I believe it may go a bit down then start showing signs of bulls making a quick comeback.
I've already posted an Idea for Gold anticipating the bullish run to continue which further supports my idea since that's the direction we are looking to go.
Currently crawling up but can roll its way down before hopefully jumping up to its new high at 1350+! It has now broken the counter trendline [EDIT: I accidentally deleted the CTL so it wont show on my chart] so I believe it may go a bit down then start showing signs of bulls making a quick comeback.
I've already posted an Idea for Gold anticipating the bullish run to continue which further supports my idea since that's the direction we are looking to go.
Trade active
It's hit the green Fib level which may be it's pivot point. Let's see how it plays out!Trade active
Bullish Engulfing formed on the 15M timeframe. Pivot point confirmed. I've now entered the tradeNote
Another Bullish Engulfing in the 30M timeframe. Time to watch it go up.
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.
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.