Looking for a short on this! I might've entered a bit early but hey...that free margin is clutch... Explanation: For me this is really a resistance zone sell. Price has been on a downtrend breaking out within this new month and I feel that price will eventually fall back down since the previous low was broken on the daily and the high is still retesting the...
Experience: Novice Trader (looking to network and learn!) Explanation: Looks like we've been on a downtrend here from March '19 to June of this year. Price broke the downtrend around July and since September its been on an uptrend. Price did fall back down. However, on the 4 hour there are no previous lows with the previous being broken. Please give your thoughts...
Im fairly new to trading but definitely picked this up as a hobby during these uncertain times. I'm not expert but I take this seriously. Explanation: - It seems to me as if gold is jumping down towards a support zone. Although there has been a downtrend the past couple months, there has been pullbacks to be taken advantage of! On the 4 hour timeframe it seems...