What are your thoughts on Gold? Possible Rally??
Could we see a rally back to Structure break or Area of Interest???
-Price has broken through and retested Bullish Trend line
-Price has broken through Structure Swing Low
- LH Created
Thesis: Wait for price to pull back to 1)Structure break or 2) Area of interest
Notes:
bearish run is rejecting Daily lvl 2558 W/ Massive rejection wick.
1) Rally to Area of Interest would be around 50% prz. (Head & Shoulders R Pattern)
2) Rally to Structure low (MSS) would be a 23.6prz.
-Price has broken through and retested Bullish Trend line
-Price has broken through Structure Swing Low
- LH Created
Thesis: Wait for price to pull back to 1)Structure break or 2) Area of interest
Notes:
bearish run is rejecting Daily lvl 2558 W/ Massive rejection wick.
1) Rally to Area of Interest would be around 50% prz. (Head & Shoulders R Pattern)
2) Rally to Structure low (MSS) would be a 23.6prz.
הערה
Lets see where we hit a Continuation
הערה
הערה
Price is Headed bullish, Looking for price to hit Daily Resistance lvl inside of the area of interest. Looking for a rejection Daily rejection of that area. (50 % Rally) also creating a LH
- Break & Retest
- Head and Shoulders R- Pattern
Current Bearish Divergence forming on H1
(Price may stall out at the 2,634 daily lvl and return bearish.)
הערה
Price is at a 38.2 PRZ, Right at the area of interest and Bearish Trend Line for the confirmation touch point. We're also looking at the formation a Head and shoulders pattern. almost time to take Short Entries.
עסקה פעילה
We received the pull back we were waiting on!
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.
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.