TradingView
Yuriy_Kuznetsov
Oct 11, 2021 6:28 PM

Gold continues to exhaust with the standing on the place Short

GoldOANDA

Description

Hi everyone! Already long time marks time and by that exhausts also sellers and buyers. But, those who will hold on up to the end are waited by encouragement. I changed the vision on gold a little and left only one purpose 1680 so far. As several options of development are possible further and it will be necessary to watch what to do on a situation. Perhaps the price draws a big triangle.

TP = 1680


Information provided is only educational and should not be used to take action in the market.
Comments
Viktor_FX
Yuriy, thank you for sharing! There were three clear touches at the 1677 level after year 2020's high, but the last touch was a strong weekly bullish candle, which is unlikely to allow a 4th touch to occur... but, of course, I don't dare to claim that. :) Just an idea.
Yuriy_Kuznetsov
@Viktor_FX, well. Thanks for your comment!
More