Being fully technical about this setup i would say prepare for a long term gold short
.the current 4hr timeframe bear trend is clear steming from the major double top on the daily
we can clearly see that we already have a break to the down side and a current upward move that is most likely gold retesting its breakout area
the retest has high chances of succeeding because that breakout area is just inbetween the 61.8% (1803.989) and the 50.0%(1782.077) fib level this gives us a chance to catch the long term short earlier should the retest be successful
.the current 4hr timeframe bear trend is clear steming from the major double top on the daily
we can clearly see that we already have a break to the down side and a current upward move that is most likely gold retesting its breakout area
the retest has high chances of succeeding because that breakout area is just inbetween the 61.8% (1803.989) and the 50.0%(1782.077) fib level this gives us a chance to catch the long term short earlier should the retest be successful
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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.