Stalking for sell side expansion on GOLD
The market condition for Gold is consolidating, However I don't mean to know where the break out is going to be, Just a anticipatory on a Gun to my head.
Gold has been consistently trading higher for a while now looking at price alone. Recently the market has been showing evidence for the likely hood of higher time frame retracement, Monthly & weekly.
With that said, Last week the market has run an old daily high buy side liquidity pool & quicky reject the high. And looking at the daily chart the market looks like is going to run an old daily low next.
In the lower time frame I will be waiting for short setup with that higher time frame bias. I will formulate everything I do on daily basis to get in sink with that bias.
Gold has been consistently trading higher for a while now looking at price alone. Recently the market has been showing evidence for the likely hood of higher time frame retracement, Monthly & weekly.
With that said, Last week the market has run an old daily high buy side liquidity pool & quicky reject the high. And looking at the daily chart the market looks like is going to run an old daily low next.
In the lower time frame I will be waiting for short setup with that higher time frame bias. I will formulate everything I do on daily basis to get in sink with that bias.
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.
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.