gold 1hour : daily pinbar and break trendline push it down
news on U.S increase this down move , now 3 scenario possible ( main daily chart trend is up to 2400$ but with mini crash inside trend )
AC indicator is green on daily chart this mean up trend can start in coming hours (if low 1970 not break)
now dont pick sell ,,, wait near green arrow on chart ,,,, when you see buy pinbar on 1hour-4hour-daily chart dont fear pick buy with SL in pinbar low and TP=fibo61% even 161% (wait time avrage 3 day)
good luck dears
see daily chart of gold futures and AC indicator
AC indicator is green on daily chart this mean up trend can start in coming hours (if low 1970 not break)
now dont pick sell ,,, wait near green arrow on chart ,,,, when you see buy pinbar on 1hour-4hour-daily chart dont fear pick buy with SL in pinbar low and TP=fibo61% even 161% (wait time avrage 3 day)
good luck dears
see daily chart of gold futures and AC indicator
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.