GOLD (BULLISH PENNANT) 4HR
looking at gold today it seems we could be looking at at another decent move up.
a bullish pennant has clearly formed as illustrated by the blue lines but what's interesting is that from looking at the volume indicator we can also clearly see a divergence in price and volume which hopefully means an upward move is imminent.
there is however nothing on the economic calendar this week that would serve to give gold a push in the right direction so for now its a waiting game but ill be keeping a close eye on this and have price alerts set ready for when the action breaks out!
a bullish pennant has clearly formed as illustrated by the blue lines but what's interesting is that from looking at the volume indicator we can also clearly see a divergence in price and volume which hopefully means an upward move is imminent.
there is however nothing on the economic calendar this week that would serve to give gold a push in the right direction so for now its a waiting game but ill be keeping a close eye on this and have price alerts set ready for when the action breaks out!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.