GOLD ANALYSIS FOR 18TH NOV
🔸 Market Analysis:
Daily Time Frame: Price is rejecting a significant daily order block, aligning with the overall downtrend.
Structure: The market is creating a series of lower lows and lower highs, confirming bearish momentum.
Momentum: A strong bearish push suggests the potential for an upside retracement before further continuation.
🔸 Key Insights:
Scenarios Highlighted: I've marked two possible price movements on the chart.
Confirmation is Key: Always wait for clear retracement confirmations or valid breakouts before taking action.
Plan Your Trades: Trade according to your strategy, ensuring proper risk management.
💬 Questions? Drop a comment if you'd like analysis on any other asset or clarification on this setup.
Daily Time Frame: Price is rejecting a significant daily order block, aligning with the overall downtrend.
Structure: The market is creating a series of lower lows and lower highs, confirming bearish momentum.
Momentum: A strong bearish push suggests the potential for an upside retracement before further continuation.
🔸 Key Insights:
Scenarios Highlighted: I've marked two possible price movements on the chart.
Confirmation is Key: Always wait for clear retracement confirmations or valid breakouts before taking action.
Plan Your Trades: Trade according to your strategy, ensuring proper risk management.
💬 Questions? Drop a comment if you'd like analysis on any other asset or clarification on this setup.
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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.