dRends35

Did GOLD just Sound The Alarm ⏰?

Short
dRends35 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD just printed a fast SRP (Shakeout Reversal Pattern) closing on the 4 hour chart, just piercing the 0.5 retracement.

This could be the algo hi 5 that sees the ship turn around to at least get back to the golden pocket retracement area.

GOLD and DXY are tightly linked currently and this SRP could also be a leading indicator that DXY is about to pump which may indicate that stocks and crypto could be in further troubles soon.

Not shorting.

Not advice.
Comment:
Take a look and you'll see this pattern rippling through the markets today, but we were ready for this yesterday 😼.



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