GOLD long again and again...
Now this is neither a signal nor prediction, rather this is something I would really like to see before we go Long on XAUUSD (Gold) again..
It's no Harvard knowledge that Gold has been in one of a hell of uptrend, since years. All the way from 100-200 to 2.000, this might have been the best investment for many that did it back then. Either way, it isn't called the safest heaven for no reason.
Anyway, I woukd like it to see a break out of the uptrending trendline before sellers get trapped. If this happens, I will be waiting for the corrective pattern (CP) to form and break out of it before I enter a long position on this as well. For now, Gold remains ranging on H4 and D1, but a clear uptrend on the bigger timeframes.
Neverthless, I won't want to miss this trade and will e having it under my eyes.
It's no Harvard knowledge that Gold has been in one of a hell of uptrend, since years. All the way from 100-200 to 2.000, this might have been the best investment for many that did it back then. Either way, it isn't called the safest heaven for no reason.
Anyway, I woukd like it to see a break out of the uptrending trendline before sellers get trapped. If this happens, I will be waiting for the corrective pattern (CP) to form and break out of it before I enter a long position on this as well. For now, Gold remains ranging on H4 and D1, but a clear uptrend on the bigger timeframes.
Neverthless, I won't want to miss this trade and will e having it under my eyes.
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.