Price hit 1431.87 and reject very hard from that area. previously you see the price consolidated before that. It never went back to 1448.98
now price is at 1417.02 it can no longer push up to 1431.87
Price is consolidating around that area for 16 hours. On the first hour of the 16 we see a huge wick at the top and bottom of that candle ( white circle)
Which means high volume occurred at that area and still couldn’t break that point of control. So now price is heading down to 1400.51 because if you look the left the most volume occurred there.
Gold sell out look!
Trading requires risk don’t risk money you can’t afford to lose none of this is investment advice and you should seek advice from someone who is qualified to give you that advice. I make no representation as a financial advisor nor do I give trading advice. You can lose your entire investment and all these signals are free and information purposes only
now price is at 1417.02 it can no longer push up to 1431.87
Price is consolidating around that area for 16 hours. On the first hour of the 16 we see a huge wick at the top and bottom of that candle ( white circle)
Which means high volume occurred at that area and still couldn’t break that point of control. So now price is heading down to 1400.51 because if you look the left the most volume occurred there.
Gold sell out look!
Trading requires risk don’t risk money you can’t afford to lose none of this is investment advice and you should seek advice from someone who is qualified to give you that advice. I make no representation as a financial advisor nor do I give trading advice. You can lose your entire investment and all these signals are free and information purposes only
MRXAU