Gold Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are back to bearish on gold on the 4hour timeframe and are technically in an active trade. Once price action broke the 1950.00 support area we fell back into a pre-existing range.
Going forward into the week it is likely we will see price action start to consolidate.
Trade scenario 2: For us to consider gold bullish again we really need to see higher lows above the 1950.00 area. Good structure is key so we will have to wait for a trend to emerge.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: We are back to bearish on gold on the 4hour timeframe and are technically in an active trade. Once price action broke the 1950.00 support area we fell back into a pre-existing range.
Going forward into the week it is likely we will see price action start to consolidate.
Trade scenario 2: For us to consider gold bullish again we really need to see higher lows above the 1950.00 area. Good structure is key so we will have to wait for a trend to emerge.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.