CitRoN_RouGe
Short

Gold – Lower high series continue

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold_ price could not climb further above the Monday peak of 1306.
If it was able to reach above 1313_ level, that would be a bullish signal by a new higher high. But rebounding from 1306 level forms another lower high.
Lower high series starting from 1357 continues, and the bias is still bearish in my opinion.
Well. It may just make a higher low instead of falling under 61% fibo;-).
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@Mario_PLN, Maybe, lets watch the price action. Actually I expect a lower low around 1250.
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I like your your analysis
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Thank you for providing educational knowledge to the community here at tradingview, CitRoN_RouGe!
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thanks for the analysis, i will always support good trade ideas from you :)
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Thank you CitRoN_RouGe! A pikachu... the second bear after the koala?
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@Victor.Y.F, Maybe a Pikachu bear:)))
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Hi, could you possibly expand on this. The price is languishing at $1283. In your opinion is it set for a retrace?
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