Following Golding melting period
Gold has been on a strange volatile cycle, so traders BE WARY! It's been on a nice downslope since Friday January 10th 2024 (NewYork) session and as it's making it's descent into lower area's & zones while keeping structure of it's LowerHigh's and LowerLow's points it seems to have more volume that will be built up.
*** KEY ANALYSIS ***
Anywhere that gold closes below my zone at 2030.03 i would short for 120 points.
- re-sells at my upper levels of the zone 2033.89 & 2035.60. I would also have stops above 2035.60 on a 30M candle frame.
signals:
XAUUSD - DT- (Downtrend) 📉
Market Order — SELL 2026.62
Target: 2025.42
*** KEY ANALYSIS ***
Anywhere that gold closes below my zone at 2030.03 i would short for 120 points.
- re-sells at my upper levels of the zone 2033.89 & 2035.60. I would also have stops above 2035.60 on a 30M candle frame.
signals:
XAUUSD - DT- (Downtrend) 📉
Market Order — SELL 2026.62
Target: 2025.42
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.