The 4-hour timeframe is currently in a pullback phase.
The 15-minute timeframe is currently in a downtrend.
1-minute chart for (CHoCH) signal.
The price may exceed the peak of the previous 15 minutes to get liquidity and then fall deeper
The 15-minute timeframe is currently in a downtrend.
1-minute chart for (CHoCH) signal.
The price may exceed the peak of the previous 15 minutes to get liquidity and then fall deeper
Comment:
Prices rebound to gain liquidity. After liquidity is taken away, gold prices will fall very deeply