61.8% retracement in price but 161.8% in time with hidden divergence confluence appearing on the 15 minute charts of gold...
Sell limit pending at the 61.8% level according to plans in terms of risk/reward profile.
Good luck to everyone trading gold!
If you find this post valuable, please take a moment to like as this will help me grow my rank in the TradingView community. Have any questions about this analysis? Make sure to leave them in the comment section below and i will get back to you as fast as possible.
That's great to hear! Appreciate the comment thank you @veehill
GeneralFurioso
⋅
you think brother this next monday will go down? i follow your trades you are my favorite russian ty
MikulovicFOREX
⋅
@GeneralFurioso, Thank you so much for your comment. I don't think this is going lower on Monday, because a break of this structure indicates a strong reversal. and then look at the explosive move that followed to the upside... But I really recommend you follow your own strategy and plan. if your system provides a sell signal you simply enter sell positions according to plan in terms of trading methodology and risk/reward profile.