Gold teetering on dipping into the low volume area below the recent congestion area.
Bias should be on shorts during day trading sessions.
Attempts to turn red days green would probably make for good entry areas.
Bias should be on shorts during day trading sessions.
Attempts to turn red days green would probably make for good entry areas.
Comment:
Obviously today is not a bearish bias day since started as opening drive, but days which chop then go significantly red will be good days to look to fade tests of the open.
Comment:
Today would have been a great day to fade the attempt to turn a red day green at a test of the open. I should have actually traded that.
