GC has dropped roughly 400 pts lower without printing a HH on sell pressure on 30m.
For November, GC has dropped over 300 pts from monthly high yet has not printed higher high on sell pressure for intra day tfs since Nov 10, and before that Sep 27.
It's a heavy fix to the downside, but a discount on Gold is not just an opportunity it's a gift.
On the chart:
3 levels of bullish divergence (on Left) and pivots within (on right) enroute to resolve.
4113
4268
4480
Any where, any time, any language...everyone understands Gold.
It's not speculation, it's the standard.
Appreciate the risk.
For November, GC has dropped over 300 pts from monthly high yet has not printed higher high on sell pressure for intra day tfs since Nov 10, and before that Sep 27.
It's a heavy fix to the downside, but a discount on Gold is not just an opportunity it's a gift.
On the chart:
3 levels of bullish divergence (on Left) and pivots within (on right) enroute to resolve.
4113
4268
4480
Any where, any time, any language...everyone understands Gold.
It's not speculation, it's the standard.
Appreciate the risk.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.