Reposting the same layout.
Quote from previous Idea " Most important thing is that gold need to reverse after it tags red box ( 1168 - 1161 ).
Because if gold breaks old frequency pivots, it will invalidate new frequency rollover and lead to possible gold drop to complete the downward phase fully.
What means if gold breaks 1161 it will attack 1156 and smash it leading to 1133 - 1120. "
As per rules it is a failure, because gold needed to smash 1156 and close under it in exact day when it breaks frequency tag area.
Refer to this template as well.
This goes to some individulas who think that Tradingview and its authors are a Legal Investment Advisory firm:
High Risk
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Liability
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Tradingview authors will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
I studied all my Ideas, and 99.99% of cases if you were to take my trading call, gold has offered you a chance to get out of position at Break Even meaning zero loss. I am not your mommy your daddy or someone that needs to take care of you and manage your trades.
Quote from previous Idea " Most important thing is that gold need to reverse after it tags red box ( 1168 - 1161 ).
Because if gold breaks old frequency pivots, it will invalidate new frequency rollover and lead to possible gold drop to complete the downward phase fully.
What means if gold breaks 1161 it will attack 1156 and smash it leading to 1133 - 1120. "
As per rules it is a failure, because gold needed to smash 1156 and close under it in exact day when it breaks frequency tag area.
Refer to this template as well.
This goes to some individulas who think that Tradingview and its authors are a Legal Investment Advisory firm:
High Risk
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Liability
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Tradingview authors will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
I studied all my Ideas, and 99.99% of cases if you were to take my trading call, gold has offered you a chance to get out of position at Break Even meaning zero loss. I am not your mommy your daddy or someone that needs to take care of you and manage your trades.
Showing 50% level one more time as in Template idea.
Have a great weekend.