Gold in sideways at a discount arrays level. Time to watch
Güncellendi
Yesterday was really dramatic for Gold 
XAUUSD traders.
I explained the danger of an Inducement area located in the 1962 price range.
I guess many traders were expecting price to take off from what looks like a Resistance zone before being engulfed to the 1945 price range!
Today we're seeing some dip below a new consolidation range but I won't be there to get a new Short as price is no longer located in the Premium arrays.
Instead I am going to wait for a significant pullback to one of the historical range to Short Gold again.
XAUUSD traders.I explained the danger of an Inducement area located in the 1962 price range.
I guess many traders were expecting price to take off from what looks like a Resistance zone before being engulfed to the 1945 price range!
Today we're seeing some dip below a new consolidation range but I won't be there to get a new Short as price is no longer located in the Premium arrays.
Instead I am going to wait for a significant pullback to one of the historical range to Short Gold again.
Not
Here's an example of historical range to illustrate the concept
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.