GOLD - consolidation and then move upwards
Looks to me like price action is going to consolidate at this support in a narrow range and then move to the upside.
Reminds me of previous price action (see the box I've marked on the chart) - also look at the intersection of the 30 and 200 MA moving averages, we're seeing a very similar pattern.
Reminds me of previous price action (see the box I've marked on the chart) - also look at the intersection of the 30 and 200 MA moving averages, we're seeing a very similar pattern.
Nota
One attempt at a breakout. Still trading in an extremely tight range within the pattern.Nota
It made a decision and the decision was down. A good setup as I would only have bought a confirmed breakout... this is why you buy confirmation and not promise.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.