Stone_Haven

💡 GOLDOZ: Sellers are now in a better position

Short
Stone_Haven Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
💡Gold is narrowing its range. Recently some news shows the strength of the USD is returning but the news of the recent war is still supporting gold

💡Currently, the battle between buyers and sellers is extremely fierce. Sideway gold was in a wide price range from 1965 - 1975. But the sellers seemed to be more dominant when gold turned around twice but failed.

💡Almost like an upside-down V-shaped reversal for H1 gold after the price first swept to the bottom and then pulled back up, forming a false break - creating a bear trap.
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