TradingView
DesharedPierreJr.
Jun 13, 2023 10:33 PM

Gold to retest its lows, reversal potentially Long

GoldOANDA

Description

Gold has taken over 7 days to decline back to its lower low. I don't believe that price is prepared to push lower. I will await a re-test of the lows to indicate whether I will go long on gold at the bottom of its consolidation range. As long as price continues to decline with these indecision candles I'm under the impression that it will suddenly become bullish after a reversal candlestick retest at the low of 4H bullish engulfing confirmed.
More