Gold Bearish idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking newly bearish here on Gold after we saw a head and shoulders reversal signals execute and play out.
Currently price action rests near 1930.00 support but price action is strongly suggesting we are heading lower.
The most likely scenario is that price action continues to fall into 1870.00 support.
Trade scenario 2: For us to consider Gold bullish again we would need to see price action get above 1930.00 and form a very convincing higher low that we can consider entering long on.
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking newly bearish here on Gold after we saw a head and shoulders reversal signals execute and play out.
Currently price action rests near 1930.00 support but price action is strongly suggesting we are heading lower.
The most likely scenario is that price action continues to fall into 1870.00 support.
Trade scenario 2: For us to consider Gold bullish again we would need to see price action get above 1930.00 and form a very convincing higher low that we can consider entering long on.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。