Realignment of direction, again on Gold
Neckline on 4h W structure got broken again. Very perfect for a short scenario.
Daily close below 1902 would mean bears are back.
My scenario would be 1837 for gold preferably. (0.382 of monthly impulse)
I would wait till monday to see COT data. And im expecting more longs closed and more shorts added.
Daily close below 1902 would mean bears are back.
My scenario would be 1837 for gold preferably. (0.382 of monthly impulse)
I would wait till monday to see COT data. And im expecting more longs closed and more shorts added.
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