Gold Potential Short With Price Structure

We have to wait price to form a decent price structure.
1- Bounce from PRZ
2- Fast move under our level " Local HIGH"

Yorum:

Bulls Power Point represent a fuel for a momentum which we have right now.

When Price will come under the 3rd Bulls Power Point, most likely momentum will change ( at least in short term period) .

The first target will be a Second Bulls Power, if price goes below and set there for sometime ( not the false break-out),

It means that area between 3rd and 2nd Bulls Power Point are massive short zone

After This logic i start to look at PRICE ACTION in Price Structure

Yorum:

Yorum:

Gold's Bulls faced a problems on Weekly Momentum level.
It's first sign for our Potential Point.