Gold Bearish scenario
Gold had an impressive rally since the March crash. Broke ATH , then regressed back into the range and below 2011 high.
My take is the following:
- until we reclaim 2011 high on the monthly, then the short idea is valid.
- confirmation upon a monthly close (December) below 1825.
Expecting us to revisit the breakpoint area (origin of the pump) around the 1580$ zone where I believe it'll find support while keeping the trend intact (Higher Low)
My take is the following:
- until we reclaim 2011 high on the monthly, then the short idea is valid.
- confirmation upon a monthly close (December) below 1825.
Expecting us to revisit the breakpoint area (origin of the pump) around the 1580$ zone where I believe it'll find support while keeping the trend intact (Higher Low)
Transaction en cours
This is going perfectly. Almost at target!Note
LTF aside, and due to time constraints, I enjoy playing commodoties from a HTF perspective.Scalps is one thing, a big swing position is another. Always keep the HTF in mind especially with "heavy" markets
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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.