On 1hr
Gold decline to green support scd band after strong run up.
This is first decline after strong run and first decline always buyable event.
On 4hr broke above top bolinger band . Let’s see if it becomes support and push price higher.
Green line 1818 - weekly 3ema
On 5min hitting bottom bolinger and produce hammer - buy 1822-23
Let’s see if it goes to test top bolinger on 1hr again
If price decline more towards 1818 i will look for more buy setups
Gold decline to green support scd band after strong run up.
This is first decline after strong run and first decline always buyable event.
On 4hr broke above top bolinger band . Let’s see if it becomes support and push price higher.
Green line 1818 - weekly 3ema
On 5min hitting bottom bolinger and produce hammer - buy 1822-23
Let’s see if it goes to test top bolinger on 1hr again
If price decline more towards 1818 i will look for more buy setups