On the monthly chart , price has been trading in a range from high @ 29.843 and low @ 21.651. Coming down to the daily chart i noticed that price is trading in a descending channel , i have a short bias on the precious metal but i have not executed any orders as iam waiting for price to give a third touch on the top of trendline channel , acting as dynamic resistance adding more bearish momentum to price. I am also waiting for price to react to my liquidity pool ranging from @ 24.743 where it is also the proximal price of daily supply CP … to @ 24.562 ( low of liquidity pool) which is also the proximal price of weekly supply peak. I will post an update idea on the precious metal once most of my criteria is met.
I have always been delighted at the prospect of a new day, a fresh try, one more start, with perhaps a bit of magic waiting somewhere behind the morning. J. B. Priestley
I have always been delighted at the prospect of a new day, a fresh try, one more start, with perhaps a bit of magic waiting somewhere behind the morning. J. B. Priestley
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