Gold has closed on Friday below a certain order block on 4 hourly,which is most likely to be respected than smaller time frames.
•I have outlined also a trendline above liquidity..it has been respected initially with more than 3 touches if we check on smaller time frames ..I’m looking for gold to finish off going short & should we see then breaker the previest low creating a new lower low then we should target 1705.80.
Kindly comment below ⬇️ if you have any thoughts on the coming weeks Gold //XAUUSD update.
•I have outlined also a trendline above liquidity..it has been respected initially with more than 3 touches if we check on smaller time frames ..I’m looking for gold to finish off going short & should we see then breaker the previest low creating a new lower low then we should target 1705.80.
Kindly comment below ⬇️ if you have any thoughts on the coming weeks Gold //XAUUSD update.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.