TradingView
watpak
Aug 11, 2020 11:31 PM

Gold after 5.6% retracement 

GoldOANDA

Description

after massive pull back of gold bears record breaking 5.6% in a day...
the bias still on bull side long term, but looking on high TF bears might target the gap at 1740-45...

each support/resistance zone has to trade according to price action...

Comment



bears has momentum below mib BB, position short 1929-32 TP 1850 and lower
bulls will take control above mid BB, position long 1942 tp 1970-2000

take trade on level depend on PA...

Comment



its been a while haven't update this pandemic range...
gold to look for more lower price...
with inflation help, dollar strength way too strong...
we have REE Sell set up on daily...
Comments
yuraPlukkie
If you react on him, he loves it. I followed him. He made many people angry.
yuraPlukkie
@yuraPlukkie Matt-Mora
yuraPlukkie
Hi Watpak, do not react om Mat, he bullied many om chat gold.
umarmuazudauda07
Nice
watpak
@umarmuazudauda07,
thanks.. i will try to keep this chart posted...
Kuwaity89
Nice chart plz rep me guys so i can chat need 2
watpak
@a7mr2311,
thanks
More