GOLD is approaching the reversal point, but before that the market may draw the all-time favorite trap - a breakout, but false :) that will allow to collect as much liquidity as possible before further reversal.
Scenario: Gold closes Friday on a small correction after reaching 2786. Most likely the price may test the nearest support, supposedly showing traders that it will not go up. But after this deception it will quickly turn around and finally test 2790. The pattern that I am waiting for is a false breakdown and subsequent consolidation of the price under 2790, which will make it convenient to open a sell trade :).
My targets in this case: 2740, 2688
Scenario: Gold closes Friday on a small correction after reaching 2786. Most likely the price may test the nearest support, supposedly showing traders that it will not go up. But after this deception it will quickly turn around and finally test 2790. The pattern that I am waiting for is a false breakdown and subsequent consolidation of the price under 2790, which will make it convenient to open a sell trade :).
My targets in this case: 2740, 2688
❤️ Telegram channel: t.me/AndeWave
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❤️ Telegram channel: t.me/AndeWave
免責聲明
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。