BULLISH RELIEF RALLY FOR GOLD INCOMING.
Good Day foxes.....
As we all know that GOLD against the Dollar have been really weak almost on all major time frame and i dont see it changing soon but "bear'' in mind that as it is Gold is really oversold and a relief rally is brewing....
OBSERVATIONS ARE :
-On mini time frames there are clear bullish movements and institutional involvement.
-Shorts from last week was taken out.
-The 1HR bullish breaker block is a trap to both LONGS & SHORTS.
MY INVOLVEMENT
-If price should invalidate the 1HR breaker block i will be a buyer at the 2HRS Demand zone.
-If price should respect the break block demand on the 1HR TF i'll from my nearest supply zone to anticipate the buy on demand zone.
GL
LIKE,SHARE & FOLLOW.
#REDFOXXX
As we all know that GOLD against the Dollar have been really weak almost on all major time frame and i dont see it changing soon but "bear'' in mind that as it is Gold is really oversold and a relief rally is brewing....
OBSERVATIONS ARE :
-On mini time frames there are clear bullish movements and institutional involvement.
-Shorts from last week was taken out.
-The 1HR bullish breaker block is a trap to both LONGS & SHORTS.
MY INVOLVEMENT
-If price should invalidate the 1HR breaker block i will be a buyer at the 2HRS Demand zone.
-If price should respect the break block demand on the 1HR TF i'll from my nearest supply zone to anticipate the buy on demand zone.
GL
LIKE,SHARE & FOLLOW.
#REDFOXXX
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.