Just a simple breakdown of the recent price action on Gold.
1) INDICATION Price created a range where sellers struggled to keep price down, buyers pushed upwards and created a new high.
2) CORRECTION Price corrected, breaking supports, creating LL's and LH's.
3) CONTINUATION Price broke back above the level, on New York session, on Tuesday buyers stepped in again, our entry.
1) INDICATION Price created a range where sellers struggled to keep price down, buyers pushed upwards and created a new high.
2) CORRECTION Price corrected, breaking supports, creating LL's and LH's.
3) CONTINUATION Price broke back above the level, on New York session, on Tuesday buyers stepped in again, our entry.
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