Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are still bearish on gold but we did see a push up to our 1675.00 area for another test.
We did see some rejection from 1675.000 after and price action turned bearish. Going into this week we’re looking to continue with the bearish trend.
Look for another test of 1660.00 with good bearish rejection to enter short on.
Trade scenario 2: It’s hard to find a quality bullish setup to offer until we break above 1675.00
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are still bearish on gold but we did see a push up to our 1675.00 area for another test.
We did see some rejection from 1675.000 after and price action turned bearish. Going into this week we’re looking to continue with the bearish trend.
Look for another test of 1660.00 with good bearish rejection to enter short on.
Trade scenario 2: It’s hard to find a quality bullish setup to offer until we break above 1675.00
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.