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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.