Really simple setup for gold here, we know we had a great move from last week creating severe new ATHs as well as the week before, i am not expecting this to stop any time soon! on the charts here you can see we have 3 ideas to watch, running higher from where we sit. dropping into and wicking the 4hr low to then go higher again or running lower from the sell off we had late Friday to then create a new swing high that will be targeted again for higher prices! As most of you know war is on the horizon and we know what gold likes to do when things get a bit rough, and that is climb higher then it has before... with the mixture of structure fundamentals and the overall price action i am looking at another ATH for gold this week!
Read PA follow structure and stick to yours rules! have a great trading week!
Read PA follow structure and stick to yours rules! have a great trading week!
