GOLD - 4H Bollinger Bands squeeze indicating decent move ahead..
- Bollinger bands are a way of measuring volatility in the markets
- When bollinger bands widen indicates high volatility ( markets are LOUD)
- When bollinger bands contract indicates low volatility ( markets are quiet)
- Bollinger band squeeze usually indicates a breakout may happen
- As can be seen on the chart every time the Bollinger bands contact or squeeze a decent move is made after.
- 4h Bollinger bands are currently being squeezed
- indicates Possible move lower/breakout will occur in the following days
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- When bollinger bands widen indicates high volatility ( markets are LOUD)
- When bollinger bands contract indicates low volatility ( markets are quiet)
- Bollinger band squeeze usually indicates a breakout may happen
- As can be seen on the chart every time the Bollinger bands contact or squeeze a decent move is made after.
- 4h Bollinger bands are currently being squeezed
- indicates Possible move lower/breakout will occur in the following days
THIS IS NOT TRADE ADVICE NOR A TRADE CALL