GC - Gold is trying hard but...

6 Haz 2018The down-sloping Fork reveilles the most probable path of price. And we see how price reacts to the Forks balance line, the Centerline (CL).

It's just wonderful, watching the ebb & flow of this market eve on this lower timeframe.

I would not immediately short it but wait for a better tell.

Reaching the orange zone would not surprise me, since this is where real structure is sitting, just to bump Gold on it's head §8-)

So let's put our hunting Hat on and hide in the bush...

P!

15 Haz 2018

Yorum

There was your chance.

Up into the zone, weak closing bars and now I expect price lower, target Centerline.

19 Haz 2018

Yorum

Approaching to land §8-)

21 Haz 2018

Yorum

Close enough.
Trailing my stop very tight.

21 Haz 2018

İşlem kapandı: hedefe ulaştı

And out.
TNX Goldbug :)