Gold, Price on Trendline & Support
At the moment Gold is right on a Strong Support Level and the long-term Bullish Trendline. Bearish volume is very high but those two levels can offer a perfect bouncing spot. As you can see, a doji candle is already creating!
Pay close attention to what price will do the next days and always use volume to confirm every single move!
Don't buy until you don't see clear bullish signals! Reversal Anticipation can be very painful.
What do you need to see before taking action?
Sky is not the Limit
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Pay close attention to what price will do the next days and always use volume to confirm every single move!
Don't buy until you don't see clear bullish signals! Reversal Anticipation can be very painful.
What do you need to see before taking action?
- big candles
- heavy volume
- little shadows
Sky is not the Limit
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Bullish Volume is enough for a good confirmation.