Gold's divergence from lows & a leap back to the high sky today?

https://www.tradingview.com/x/cD5H91uR/

As I now know that Cryptocurrency has broken upwards & out of its tight ranges, well for now at least as it's a very volatile beast, Crypto, & the whole lot of it; my focus has swapped to Gold and Silver prices and I see that both have upside potential of their own, especially during Tuesday Asian trading when I was watching both at the bottom of their 15m triangle patterns and both ended with dignity taking a leap upwards in price.

There are 15M Buy-order blocks that extend down to 2636.30 approximately, but I would not expect price to break-down that much more, given gold's general supremacy and standing in the world at present.

The Gold price has pretty much been in a slightly corrective and smallish price-range for the past 4 weeks. I think another leg-up might commence soon.

註釋

Gold's 28% rise in 2024 below charted in Bollinger-bands

交易進行

A trade to Buy the Gold Price at current levels up to 2660.
(Big Bullish move up expected)
Stop Loss: 2646.90
Take Profit: Partial at 2670 & then ride price to Higher high.

註釋

2642.90 is the preferred Stop Loss Level. Both are quite tight but I am not sure that 2646.90 is enough room for sudden bursts down.

取消訂單

Price came down to test fair value gaps. See below for setup.

交易進行

I will monitor this next zone for a setup. It's likely to be a stop loss down around 2636 and buying inside this Demand zone (buy block)